JAKARTA. PT Blue Bird Tbk (BRID), a taxi transportation company, announced plans to distribute a cash dividend of IDR 180.15 billion or IDR 72 per share.

Jusuf Salman, Corporate Secretary of BIRD, conveyed the plan in accordance with the resolutions of the Annual General Meeting of Shareholders (GMS), which was held on 22 June 2023. At the meeting, shareholders agreed to allocate 50% of net profit for the 2022 fiscal year as cash dividends.

Cash dividends will be given to BIRD shareholders, whose names are registered in the register of shareholders on July 7, 2023. Cash dividend payments will be made on July 21, 2023.

According to idnfinancials.com data, BIRD recorded a net profit of IDR 358.35 billion in the 2022 fiscal year. At the end of the year, the company also had a retained earnings balance of IDR 2.44 trillion and total equity of IDR 5.35 trillion.

Since the opening of the first trading session today, BIRD's share price has moved up 110 points or 5.26% to a level of IDR 2,200. In the past year, the company's share price has increased by 445 points or 25.36%. (KR/LM)