PT Cahaya Bintang Medan Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 1,818.37 million compared to IDR 6,025.86 million a year ago. Net loss was IDR 4,075.84 million compared to net income of IDR 202.16 million a year ago.

Basic loss per share from continuing operations was IDR 2.173779 compared to basic earnings per share from continuing operations of IDR 0.11 a year ago.