PT Krakatau Steel (Persero) Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 689.83 million compared to USD 675.99 million a year ago. Net loss was USD 18.26 million compared to net income of USD 26.46 million a year ago.

Basic loss per share from continuing operations was USD 0.0009 compared to basic earnings per share from continuing operations of USD 0.0014 a year ago.