PT SMR Utama Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 80,047.17 million compared to IDR 135,136.03 million a year ago. Net loss was IDR 22,558.84 million compared to IDR 36,523.34 million a year ago.

Basic loss per share from continuing operations was IDR 1.8 compared to IDR 2.92 a year ago.