State steel manufacturer PT Krakatau Steel Tbk (KRAS) booked net profit of US$9.17 million in the first half of 2026 against net loss of US$107.1 million in the corresponding period last year, but mainly because of divestment of assets and non-cash gain from debt restructuring. How about PT Krakatau Posco, a joint venture between KRAS and South Korean giant POSCO? To subscribe please click here
