PT Krakatau Steel (Persero) Tbk 2020 AR2

The report highlights PT Krakatau Steel (Persero) Tbk's positive performance in 2020, achieving a net profit of USD 22.6 million and a positive EBITDA of USD 76.3 million, driven by its 'Krakatau Steel Bangkit' transformation program. The company successfully implemented cost-efficiency measures, reducing operating costs by 38% and energy costs by 47%. Key achievements include the launch of several downstream steel products and the digitalization of marketing and sales through the KRASmart Connect application. In terms of sustainability, the company maintained its ISO 14001 certification, achieved a 'Blue PROPER' rating, and invested Rp 12.79 billion in environmental CSR activities.

Company: PT Krakatau Steel (Persero) Tbk

Sector: Materials

Country: Indonesia

Year: 2020

Type: AR2

Pages: 557

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PT Krakatau Steel (Persero) Tbk

PT Krakatau Steel (Persero) Tbk 2020 Annual Report

Annual Report

The report highlights PT Krakatau Steel (Persero) Tbk's positive performance in 2020, achieving a net profit of USD 22.6 million and a positive EBITDA of USD 76.3 million, driven by its 'Krakatau Steel Bangkit' transformation program. The company successfully implemented cost-efficiency measures, reducing operating costs by 38% and energy costs by 47%. Key achievements include the launch of several downstream steel products and the digitalization of marketing and sales through the KRASmart Connect application. In terms of sustainability, the company maintained its ISO 14001 certification, achieved a 'Blue PROPER' rating, and invested Rp 12.79 billion in environmental CSR activities.

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Document Details

Report Year

2020

Reporting Period

Jan 1, 2020 - Dec 31, 2020

Fiscal Year

2020

Type

Annual Report with Sustainability Disclosures

Language

English, Indonesian

Pages

 

File Size

 

Standards & Assurance

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Workplace Fatalities

Employees