PT Modernland Realty Tbk announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was IDR 111,825.510 million compared to IDR 937,153.030 million a year ago. Operating income was IDR 21,648.840 million compared to IDR 442,768.874 million a year ago. Net loss was IDR 159,099.557 million compared to net income of IDR 318,173.429 million a year ago. Basic loss per share was IDR 12.87 compared to basic earnings per share of IDR 25.73 a year ago.