PT Krakatau Steel Tbk (KRAS) net profit declined 3.77% to Rp1, 02 trillion in 2011 from Rp1, 06 trillion in 2010.
Of
corporate financial reports are published on Thursday (3/15/2012)
explained this decrease in 2011 net profit decline in operating income
driven by 65.05% to Rp1, 03 trillion from Rp358, 57 billion in 2010. But the company's net income rose 19.95% to Rp17, 92 trillion in 2011 from Rp14, 94 trillion in 2010.
Obligations of the company in 2011 also increased from Rp 8, 16 trillion in 2010 to Rp11, 16 trillion in 2011. While the 2011 corporate equity rose mnejadi Rp10, 35 trillion of Rp9, 42 trillion in 2010.
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