PT Lippo Karawaci Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 3,814,927 million compared to IDR 3,335,867 million a year ago. Revenue was IDR 3,787,269 million compared to IDR 3,311,065 million a year ago.

Net income was IDR 1,138,439 million compared to net loss of IDR 567,552 million a year ago. Basic earnings per share from continuing operations was IDR 16.06 compared to basic loss per share from continuing operations of IDR 8.02 a year ago.