PT Argo Pantes Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 22,091.88 million compared to IDR 15,622.6 million a year ago. Net income was IDR 14,492.62 million compared to net loss of IDR 9,165.6 million a year ago.

Basic earnings per share from continuing operations was IDR 43.19 compared to basic loss per share from continuing operations of IDR 27.31 a year ago.