PT Steel Pipe Industry of Indonesia Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 1,737,880 million compared to IDR 2,011,923 million a year ago. Net income was IDR 106,999 million compared to IDR 120,385 million a year ago.

Basic earnings per share from continuing operations was IDR 15.14 compared to IDR 17.04 a year ago.