As of July, Krakatau Steel Posts Net Profit of Rp609 Billion


Jakarta - PT Krakatau Steel Tbk, as of July 2021, posted a net profit of Rp609 billion.

 The CEO of Krakatau Steel Silmy said that this positive upward trend occurred during the pandemic, and July 2021 was a period of the extension implementation of community activity restrictions PPKM. Still, the company's performance was maintained.

"The company's sales also increased 44.1% to Rp17.7 trillion," he said in his statement, Friday (27/8).

He added that until July 2021, the value of export sales increased by 515% to Rp1.98 trillion.

"Hot Rolled Coil and Hot Rolled Plate products are still the main products of Krakatau Steel which are exported to various countries in Europe such as Portugal, Spain, Italy, Germany, and Belgium, as well as to Malaysia and Australia," he said.

Furthermore, increasing exports is part of the stra


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