Waiting Krakatau Steel to Report Profit (1)

Krakatau Steel (KRAS) is probably one of few market leaders consistently reporting net loss in decades. Some investors have long given up hopes in the state-owned steel producer. In the first nine months of 2017, KRAS booked net loss of US$75 million. Whilst 35% lower than the corresponding period last year, KRAS needs to work hard to regain confidence among market participants.

Read More