PT. Polychem Indonesia Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 32.11 million compared to USD 45.52 million a year ago.

Net loss was USD 7.73 million compared to USD 5.21 million a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.0013 a year ago.