PT. Prima Alloy Steel Universal Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 19,694.58 million compared to IDR 34,259.78 million a year ago.

Net loss was IDR 44,532.76 million compared to net income of IDR 258.04 million a year ago. Basic loss per share from continuing operations was IDR 63.5 compared to basic earnings per share from continuing operations of IDR 0.4 a year ago.