Krakatau Steel's Strategic Turnaround: Danantara's Role and Operational Revival

Financial and Operational Revival Initiatives

PT Krakatau Steel Tbk (KRAS) is implementing comprehensive recovery measures through production efficiency improvements, supply chain optimization, and strengthened corporate governance ¹

. The state-owned enterprise has received crucial support from Danantara through significant working capital assistance, enabling KRAS to enhance production facility utilization and stabilize raw material procurement ¹

Source 1

https://industri.kontan.co.id/news/danantara-berperan-besar-dalam-pemulihan-kinerja-krakatau-steel-kras

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Market Performance and Investor Confidence

The company's stock has shown remarkable growth, surging 296.04% in 2025 ²

. CEO Muhamad Akbar Djohan attributed this market movement to natural market response rather than any undisclosed material information ²

Source 2

https://finance.detik.com/bursa-dan-valas/d-8227934/saham-kras-terbang-296-bos-krakatau-steel-bilang-begini

. The positive stock performance reflects growing investor confidence in Krakatau Steel's restructuring efforts.

Financial Highlights and Future Prospects

Krakatau Steel reported a net profit of US$24.04 million for the first nine months of 2025, demonstrating successful financial restructuring ²

. The company's management has expressed appreciation for Danantara's support, which has been instrumental in strengthening KRAS's financial and operational structure.