Krakatau Steel (KRAS) Shares Rally Despite Wider Loss

Krakatau Steel (KRAS) Shares Rally Despite Wider Loss

Krakatau Steel (KRAS) shares surged over 200% YtD despite a $107M loss in H1/2025. IDX suspended trading due to unusual volatility, while KRAS focuses on efficiency and strategic initiatives.

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Selasa, 29 Juli 2025 | 07:25

Bisnis.com, JAKARTA – PT Krakatau Steel (Persero) Tbk (KRAS) reported widening losses in H1/2025, even as its stock price surged on the market.

According to its financial report, the state-owned steel producer posted revenue of $460.82 million for the January–June period, marking a 3.63 percent increase year-on-year (YoY).

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