(Reuters) - Krakatau Steel (KRAS.JK<http://www.reuters.com/finance/stocks/overview?symbol=KRAS.JK>), Southeast Asia's biggest steelmaker, said on Friday that its unaudited first quarter net profit fell 76 percent on lower sales and higher costs.
Its first quarter net profit fell to 113.52 billion rupiah, from 468.06 billion rupiah in the same period in 2010.
