• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Krakatau Steel's Q3 net profit up by 3.24% y-o-y

  • A
  • A
  • A
According to report, the Indonesian state-owned steel company PT Krakatau Steel posted that its Q3 net profits increased to about US$ 116 million, up slightly by 3.24% in comparison of that in the same period of last year.

Moreover, its revenue surged by 6.53% to Rp 12.65 trillion in the Q3 from 11.88 trillion and its operating costs soared by 6.68%, both compared to that in the same period of a year earlier.

The falling steel prices caused the small rise in profit, according to the president of the company.
News Date 02 Dec 2011 17:05:28 reported by Judy Lin

Russian Severstal announces Q1 earnings surge...
Finance and economy
27 Apr 2017 09:29
Taiwan’s China Steel Corp. announces pre-tax profi...
Finance and economy
26 Apr 2017 11:43
WSA: Global steel demand to grow in 2017...
Finance and economy
24 Apr 2017 11:21
China’s Tisco to improve its sales revenue for Q1...
Finance and economy
17 Apr 2017 09:26
BMI predicts China's nickel ore imports up...
Finance and economy
14 Apr 2017 09:29
Most Popular