PT Steel Pipe Industry of Indonesia Tbk announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was IDR 1,051,437 million compared to IDR 1,229,501 million a year ago. Net loss was IDR 75,209 million compared to net income of IDR 21,667 million a year ago. Basic loss per share was IDR 10.64 compared to basic earnings per share of IDR 3.06 a year ago.