PT Krakatau Steel Persero Tbk announced earnings results for the first quarter ended March 31, 2020. For the quarter, the company announced sales was USD 311.188 million compared to USD 418.983 million a year ago. Operating income was USD 53.641 million compared to operating loss of USD 36.218 million a year ago. Net income was USD 74.141 million compared to net loss of USD 62.322 million a year ago. Basic earnings per share was USD 0.0038 compared to basic loss per share of USD 0.0032 a year ago.