PT Tirta Mahakam Resources Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 4.91 million compared to IDR 680.46 million a year ago. Net income was IDR 10,369.45 million compared to net loss of IDR 13,165.05 million a year ago.

Basic earnings per share from continuing operations was IDR 10.25 compared to basic loss per share from continuing operations of IDR 13.01 a year ago. Diluted earnings per share from continuing operations was IDR 10.25 compared to diluted loss per share from continuing operations of IDR 13.01 a year ago.