JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) suffered loss of US$137.6 million in the first half of 2015, expanded from loss US$91.19 million in the corresponding period of 2014.

Revenues declined 25.5% to US$677.24 million from previous US$909.2 million. Operating loss expanded 33.5% to US$107.4 million from earlier US$33.52 million loss.

Its assets reached US$2.52 billion while liability amounted US$1.79 billion. Its equity totaled US$734.15 billion, then liability to equity ratio was 244%. (rully@yosefardi.biz)