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Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insider Stories.
Insider Stories further said, the achievement was amid to significant growth on operating income by 1,272.26% due to the surging coking coal price and bigger production volume in 2010.
Borneo Energi successfully booked IDR348.85 billion net profit from IDR99.78 billion net loss in 2009.
In line with the advancing net profit, Borneo operating income skyrocket 2,012.04% to IDR1.01 trillion from IDR49.32 billion. Their operating margin rose 36.73% from 24.59%. Gross profit surged 1,526.25% to IDR1.50 trillion from IDR92.34 billion. Operating income increased 1,272.26% to IDR2.75 trillion from IDR200.52 billion. The revenue is in line with the target set some time ago.
This realization is beyond CIMB Securities estimation in which Borneo was predicted to book IDR2.56 trillion revenue in 2010. However, it is smaller that IDR2.96 trillion as predicted by Morgan Stanley Securities.
For 2010, Borneo is estimated to record 1.65 million tons sales volume with average selling price at US$185 per ton.
Based on latest research by Mandiri Sekuritas, Borneo Energi is projecting coking coal average selling price at US$240-US$275 per ton in Q I/2011.
Borneo seals 3 years exclusive marketing agreements with Glencore for 2 million tons per year with 4.5% fee. In 2011, Borneo plans to enlarge production to 3.8 million tons where 2 million tons has contracted with a buyer from China.
About 99% of Borneo Lumbung Energy shares owned by PT Republik Energi Metal where 99% of its shares is under controlled of PT Republik Komoditi management.
Source: Insider Strories
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Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
Sunday, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
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Showing 5311 to 5315 news of total 6871 |
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- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
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