State steel producer Krakatau Steel (KRAS) booked a net profit of US$33 million in the first half (H1) of 2021, compared to US$4.67 million only in H1 of 2020, as revenues jumped 90.7% year on year (y/y) to US$1.05 billion. Gross profit grew 48% to US$129 million, operating profit was flat at US$70 million, as other operating income dropped to US$9 million from earlier US$42.4 million.

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