PT Equity Development Investment Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was IDR 278,592 million compared to IDR 312,246 million a year ago. Net loss was IDR 21,683 million compared to net income of IDR 3,260 million a year ago.

Basic loss per share from continuing operations was IDR 1.52 compared to basic earnings per share from continuing operations of IDR 0.23 a year ago.