PT Sepatu Bata Tbk. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 136,086.85 million compared to IDR 116,346.62 million a year ago.

Net loss was IDR 27,145.36 million compared to IDR 13,402.59 million a year ago. Basic loss per share from continuing operations was IDR 20.88 compared to IDR 10.31 a year ago.