PT Sarimelati Kencana Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 842,105.14 million compared to IDR 852,814.87 million a year ago. Net loss was IDR 50,886.46 million compared to net income of IDR 2,341.71 million a year ago.

Basic loss per share from continuing operations was IDR 16.93 compared to basic earnings per share from continuing operations of IDR 0.78 a year ago. Diluted loss per share from continuing operations was IDR 16.93 compared to diluted earnings per share from continuing operations of IDR 0.78 a year ago.