PT Megapolitan Developments Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 24,881.92 million compared to IDR 19,066.18 million a year ago. Net loss was IDR 17,990.6 million compared to IDR 21,629.99 million a year ago.

Basic loss per share from continuing operations was IDR 5.37 compared to IDR 6.46 a year ago.