PT Palma Serasih Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 521,842.23 million compared to IDR 576,083.64 million a year ago. Net income was IDR 16,489.94 million compared to IDR 95,651.66 million a year ago.

Basic earnings per share from continuing operations was IDR 0.87 compared to IDR 5.07 a year ago.