PT Indonesia Pondasi Raya Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 249,028.11 million compared to IDR 263,927.49 million a year ago. Net loss was IDR 11,951.24 million compared to net income of IDR 7,096.17 million a year ago.

Basic loss per share from continuing operations was IDR 6 compared to basic earnings per share from continuing operations of IDR 4 a year ago.