PT Krakatau Steel (Persero) Tbk (IDX: KRAS)

About PT Krakatau Steel (Persero) Tbk

PT Krakatau Steel (Persero) Tbk, established in 1970 and headquartered in Cilegon, Indonesia, is an active participant in the iron and steel industry, manufacturing and trading its products both domestically and globally. The company's operations are divided into several key divisions. Its Steel Products segment focuses on the fabrication and distribution of a wide array of steel items, including sponge iron, slabs, billets, hot and cold rolled coils, wire rods, various steel pipes, reinforcing bars, and steel wires, alongside offering specialized services such as coating and tolling. The Infrastructure Facilities segment provides comprehensive port services, encompassing berthing, cargo handling, and logistics support, as well as the development and sale of industrial estates complete with integrated amenities like hotels and sports facilities. This segment also manages utility provisions, including electricity generation and supply, power plant maintenance, clean and demineralized water provision, and industrial waste management. Through its Engineering and Construction division, the company performs industrial engineering, planning, and contracting for diverse construction projects, facilitates import and export operations, and supplies associated software and services. An "Other Services" segment is dedicated to information technology offerings. Beyond these core areas, PT Krakatau Steel is also involved in producing deformed and plain bars, steel trading, coal and mining ventures, and supplying electricity. Its extended service portfolio includes consulting, machinery upkeep, fabrication, and construction, as well as transportation, freight, warehousing, vehicle and equipment rentals, and medical services.

ISIN

ID1000117005

Founded

1970

Listed since

Nov 10, 2010

Exchange

Indonesia Stock Exchange

Currency

IDR