PT Lippo Cikarang Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 157,767 million compared to IDR 314,356 million a year ago. Revenue was IDR 155,420 million compared to IDR 308,581 million a year ago.

Net loss was IDR 7,287 million compared to net income of IDR 91,049 million a year ago. Basic loss per share from continuing operations was IDR 3 compared to basic earnings per share from continuing operations of IDR 34 a year ago.