Jakarta, CNBC Indonesia – PT Krakatau Sarana Properti (KSP), which is a sub-holding aka subsidiary of PT Krakatau Steel Tbk (KRAS), has sold land in Krakatau Industrial Zone to Asia Pulp & Paper (APP), which is Sinar Mas Group. In total, KSP sold 19 hectares (ha) of land under the enterprise unit management of the … Read more
Jakarta – President Director of PT Krakatau Steel (Persero) Tbk Silmy Karim was expelled by Commission VII DPR RI during a hearing today, Monday (14/2). The person concerned was expelled directly by the Deputy Chairman of Commission VII DPR RI, Bambang Haryadi. It happened because Silmy interrupted Eddy’s conversation. “What I’m unique about how factory … Read more
Jakarta, CNBC Indonesia – Minister of State-Owned Enterprises (BUMN) Erick Thohir appreciated the performance of PT Krakatau Steel Tbk (KRAS) which managed to record a net profit of Rp 1.06 trillion as of November 30, 2021. This achievement can be obtained by the company after conducting financial and business restructuring. This was conveyed by Erick … Read more
Jakarta, CNBC Indonesia – The state-owned steel producer, PT Krakatau Steel (Persero) Tbk (KRAS), recorded a profit of Rp 1.06 trillion for the period of November 2021. In the same period, the company posted revenue of Rp. 30 trillion, an increase of 66.8% compared to revenue in the same period in 2020. Krakatau Steel’s Finance … Read more
ILLUSTRATION. Workers complete the hot rolling mill process at PT Krakatau Steel Tbk’s steel mill, Cilegon, Banten. KRAS shares were twice ARB after Erick Thohir’s statement, retail investors were disappointed. Reporter: Novice Laoli | Editor: Novice Laoli KONTAN.CO.ID – JAKARTA. After the statement by the Minister of SOEs Erick Thohir who said that Krakatau Steel … Read more
Jakarta, CNN Indonesia — Commissioner of PT Krakatau Sarana Infrastruktur (KSI) Roy Maningkas invites the Minister of SOEs Eric Thohir betting Rp1 billion on the possibility of the parent company, PT Krakatau Steel (Persero) Tbk going bankrupt this December. He made the bet in response to Erick’s statement in a Working Meeting with Commission VI … Read more
Jakarta, CNBC Indonesia – The issue of bankruptcy at the state-owned steel producer, PT Krakatau Steel Tbk (KRAS) has surfaced recently. This statement is not arbitrary, but from SOE Minister Erick Thohir during a meeting with Commission VI of the House of Representatives (DPR). Krakatau Sarana Infrastruktur (KSI) Commissioner Roy Maningkas believes that PT Krakatau … Read more