BBIK Q1/2023 Results Record-Breaking Profit and Revenue, up by 120% and 140%
Bluebik is delighted with another record-high profit in Q1 of 2023, up 120% to B63m, on rising demand for digital transformation to cope with economic slowdowns and create business opportunities Bluebik Group Public Company Limited (BBIK), a leading consultancy on end-to-end digital transformation, continues breaking records of its net profit and revenue. In the first quarter of this year, the company made 63 million baht in net profit, up by 119% year-on-year, and 267 million baht in revenue, soaring by 140% from a year earlier. This resulted from the strong growth of its core services and its subsidiaries as well as shares in its subsidiaries’ profit worth over 10 million baht. Moreover, Bluebik had a revenue backlog amounting to 854 million baht (at the end of March 2023), comprising 745 million baht from its own operations and 109 million baht from its joint ventures. Of the backlog, Bluebik will recognize 559 million baht in revenue this year and the remainder will be realiz...