PT Pikko Land Development Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 17,351.15 million compared to IDR 34,641.93 million a year ago. Revenue was IDR 16,865.17 million compared to IDR 33,733.32 million a year ago.

Net loss was IDR 16,593.19 million compared to IDR 9,462.64 million a year ago. Basic loss per share from continuing operations was IDR 1.22 compared to IDR 0.7 a year ago.