PT Bali Bintang Sejahtera Tbk Reports Earnings Results for the Nine Months Ended September 30, 2021
November 15, 2021
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PT Bali Bintang Sejahtera Tbk reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was IDR 87,221.56 million compared to IDR 63,152.83 million a year ago. Net income was IDR 114,373.26 million compared to net loss of IDR 22,403.4 million a year ago. Basic earnings per share from continuing operations was IDR 19.06 compared to basic loss per share from continuing operations of IDR 3.73 a year ago. Diluted earnings per share from continuing operations was IDR 19.06 compared to diluted loss per share from continuing operations of IDR 3.73 a year ago.
PT Bali Bintang Sejahtera Tbk is an Indonesia-based company, which carries out main business activities in football clubs business and retail specifically for in-store sports equipment retail for non-alcoholic beverages, clothing retail, clothing accessories retail, bags retail, wallets, suitcases, backpacks and other similar items. The Company's business segments include professional football club management, sport agency and others. The professional football club management segment is engaged in the operations of football club management, youth football academy, club jersey and merchandise retail. The sport agency segment is engaged in the provision of sponsorship for football clubs in Indonesia, Indonesian football match live video streaming services and production of sponsored advertising video. The others segment is engaged in the business operations of cafe, radio and distribution. The Company manages a professional football club, Bali United.