COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES


Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight increase in net income of 7.23% last year as it obtained contributions of net income from two associated companies. as qouted by Insider Stories.

Insider strories further reported, at the operational line, Harum Energy didn't show any shinny performance. Income from operations slightly decreased 6.56%, while revenue retreated 2.39%.

In the financial statement submitted to Indonesia Stock Exchange last week, Harum posted Rp822.94 billion net income last year from Rp767.47 billion in 2009.

Of the earning, the company recorded Rp131.91 billion net income from two associated companies namely coal miner PT Santan Batubara and PT Lotus Coalindo Marine.

Income from operations fell 6.56% to Rp1.14 trillion from Rp1.22 trillion, sending its operating margin lowered to 25.39% from 26.52%. Harum Energy's gross profit was also in a slight decline to Rp1.58 trillion from Rp1.66 trillion. Revenue recorded Rp4.49 trillion, a slight decrease of 2.39% from Rp4.60 trillion.

Associated companies
Harum Energy booked Rp131.91 billion net income contributions from Santan Batubara, with 50% shareholding, and Lotus Coalindo. PT Petrosea Tbk (PTRO), wholly owned subsidiary of PT Indika Energy Tbk (INDY) owns 50% shareholding in Santan Batubara.

Santan batubara contributed Rp125.41 billion net income to both Harum Energy and Petrosea, while Lotus Coalindo contributed Rp6.49 billion net income to Harum Energy.

PT Karunia Bara Perkasa controls 79.72% shareholding in Harum Energy and PT Bara Sejahtera Abadi owns 0.09% shareholding in Harum Energy. Kiki Barki and his son Lawrence Barki are controlling shareholders in Karunia Perkasa and Bara Abadi.
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...


Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...


Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras. The USG remain ...


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 Insid ...


Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...


   1065 1066 1067 1068 1069   
Showing 5331 to 5335 news of total 6871
News by Category
Popular News
 
Total Members : 28,631
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Platts
  • Mitsubishi Corporation
  • Ministry of Mines - Canada
  • Romanian Commodities Exchange
  • Idemitsu - Japan
  • Thriveni
  • Merrill Lynch Bank
  • Vitol - Bahrain
  • Cement Manufacturers Association - India
  • KOWEPO - South Korea
  • Asmin Koalindo Tuhup - Indonesia
  • PNOC Exploration Corporation - Philippines
  • JPMorgan - India
  • OCBC - Singapore
  • Energy Link Ltd, New Zealand
  • Barclays Capital - USA
  • Directorate Of Revenue Intelligence - India
  • Bank of China, Malaysia
  • Petron Corporation, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Heidelberg Cement - Germany
  • Indian Oil Corporation Limited
  • Clarksons - UK
  • Tata Chemicals Ltd - India
  • NALCO India
  • CoalTek, United States
  • IMC Shipping - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Surastha Cement
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • The State Trading Corporation of India Ltd
  • Bukit Baiduri Energy - Indonesia
  • Xstrata Coal
  • Bayan Resources Tbk. - Indonesia
  • SMC Global Power, Philippines
  • Vizag Seaport Private Limited - India
  • Ind-Barath Power Infra Limited - India
  • The India Cements Ltd
  • Asia Cement - Taiwan
  • New Zealand Coal & Carbon
  • Lanco Infratech Ltd - India
  • JPower - Japan
  • Makarim & Taira - Indonesia
  • Bhoruka Overseas - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • GHCL Limited - India
  • Binh Thuan Hamico - Vietnam
  • Coal and Oil Company - UAE
  • Directorate General of MIneral and Coal - Indonesia
  • Edison Trading Spa - Italy
  • Gujarat Electricity Regulatory Commission - India
  • UOB Asia (HK) Ltd
  • ICICI Bank Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Thomson Reuters GRC
  • globalCOAL - UK
  • Cebu Energy, Philippines
  • Renaissance Capital - South Africa
  • Metalloyd Limited - United Kingdom
  • Thermax Limited - India
  • Kobe Steel Ltd - Japan
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Vale Mozambique
  • Bhushan Steel Limited - India
  • PLN - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • ACC Limited - India
  • Orica Australia Pty. Ltd.
  • Kideco Jaya Agung - Indonesia
  • Goldman Sachs - Singapore
  • Inspectorate - India
  • Kepco SPC Power Corporation, Philippines
  • Rashtriya Ispat Nigam Limited - India
  • SRK Consulting
  • Sucofindo - Indonesia
  • Lafarge - France
  • Central Java Power - Indonesia
  • TANGEDCO India
  • Straits Asia Resources Limited - Singapore
  • Anglo American - United Kingdom
  • GB Group - China
  • Independent Power Producers Association of India
  • Jatenergy - Australia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Commonwealth Bank - Australia
  • Gresik Semen - Indonesia
  • Adani Power Ltd - India
  • Salva Resources Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Madhucon Powers Ltd - India
  • Coalindo Energy - Indonesia
  • Coeclerici Indonesia
  • Altura Mining Limited, Indonesia
  • Sojitz Corporation - Japan
  • BRS Brokers - Singapore
  • Posco Energy - South Korea
  • Sinarmas Energy and Mining - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Electricity Generating Authority of Thailand
  • London Commodity Brokers - England
  • Samtan Co., Ltd - South Korea
  • Antam Resourcindo - Indonesia
  • Japan Coal Energy Center
  • Planning Commission, India
  • Gujarat Mineral Development Corp Ltd - India
  • PowerSource Philippines DevCo
  • Malco - India
  • Karbindo Abesyapradhi - Indoneisa
  • HSBC - Hong Kong
  • KPMG - USA
  • Miang Besar Coal Terminal - Indonesia
  • Energy Development Corp, Philippines
  • Bangkok Bank PCL
  • Cardiff University - UK
  • Marubeni Corporation - India
  • Thailand Anthracite
  • IEA Clean Coal Centre - UK
  • Dalmia Cement Bharat India
  • Indorama - Singapore
  • Credit Suisse - India
  • Kumho Petrochemical, South Korea
  • Billiton Holdings Pty Ltd - Australia
  • SN Aboitiz Power Inc, Philippines
  • UBS Singapore
  • Panama Canal Authority
  • Bharathi Cement Corporation - India
  • Mechel - Russia
  • Central Electricity Authority - India
  • Coastal Gujarat Power Limited - India
  • Gupta Coal India Ltd
  • Maruti Cements - India
  • ASAPP Information Group - India
  • GVK Power & Infra Limited - India
  • Core Mineral Indonesia
  • Aboitiz Power Corporation - Philippines
  • Pendopo Energi Batubara - Indonesia
  • Rio Tinto Coal - Australia
  • McConnell Dowell - Australia
  • Rudhra Energy - India
  • Electricity Authority, New Zealand
  • Formosa Plastics Group - Taiwan
  • TGV SRAAC LIMITED, India
  • Ambuja Cements Ltd - India
  • Wood Mackenzie - Singapore
  • Indonesia Power. PT
  • Coal Orbis AG
  • Siam City Cement - Thailand
  • Arutmin Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Ince & co LLP
  • ETA - Dubai
  • Bank of America
  • Bhatia International Limited - India
  • Georgia Ports Authority, United States
  • Aditya Birla Group - India
  • SUEK AG - Indonesia
  • Deutsche Bank - India
  • IOL Indonesia
  • Permata Bank - Indonesia
  • Indian Energy Exchange, India
  • CCIC - Indonesia
  • Cosco
  • Uttam Galva Steels Limited - India
  • Geoservices-GeoAssay Lab
  • Moodys - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • PTC India Limited - India
  • CIMB Investment Bank - Malaysia
  • European Bulk Services B.V. - Netherlands
  • Therma Luzon, Inc, Philippines
  • The Treasury - Australian Government
  • Berau Coal - Indonesia
  • Wilmar Investment Holdings
  • Port Waratah Coal Services - Australia
  • VISA Power Limited - India
  • Shree Cement - India
  • Cargill India Pvt Ltd
  • McKinsey & Co - India
  • Petrosea - Indonesia
  • Parliament of New Zealand
  • ANZ Bank - Australia
  • Sarangani Energy Corporation, Philippines
  • Argus Media - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • PetroVietnam
  • International Coal Ventures Pvt Ltd - India
  • TRAFIGURA, South Korea
  • J M Baxi & Co - India
  • Agrawal Coal Company - India
  • Medco Energi Mining Internasional
  • Bulk Trading Sa - Switzerland
  • WorleyParsons
  • IBC Asia (S) Pte Ltd
  • Kobexindo Tractors - Indoneisa
  • Baramulti Group, Indonesia
  • India Bulls Power Limited - India
  • U S Energy Resources
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • South Luzon Thermal Energy Corporation
  • Riau Bara Harum - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Merrill Lynch Commodities Europe
  • LBH Netherlands Bv - Netherlands
  • DBS Bank - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Grasim Industreis Ltd - India
  • Sindya Power Generating Company Private Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Bahari Cakrawala Sebuku - Indonesia
  • Britmindo - Indonesia
  • SMG Consultants - Indonesia
  • KEPCO - South Korea
  • Meralco Power Generation, Philippines
  • Noble Europe Ltd - UK
  • Leighton Contractors Pty Ltd - Australia
  • San Jose City I Power Corp, Philippines
  • IHS Mccloskey Coal Group - USA
  • Peabody Energy - USA
  • MS Steel International - UAE
  • Barasentosa Lestari - Indonesia
  • Price Waterhouse Coopers - Russia
  • Intertek Mineral Services - Indonesia
  • Samsung - South Korea
  • Freeport Indonesia
  • Indonesian Coal Mining Association
  • Indian School of Mines
  • RBS Sempra - UK
  • Interocean Group of Companies - India
  • Semirara Mining and Power Corporation, Philippines
  • Ministry of Transport, Egypt
  • GN Power Mariveles Coal Plant, Philippines
  • PLN Batubara - Indonesia
  • BNP Paribas - Singapore
  • Borneo Indobara - Indonesia
  • Carbofer General Trading SA - India
  • CNBM International Corporation - China
  • Sical Logistics Limited - India
  • Inco-Indonesia
  • Karaikal Port Pvt Ltd - India
  • Coaltrans Conferences
  • GMR Energy Limited - India
  • Chamber of Mines of South Africa
  • Parry Sugars Refinery, India
  • Sakthi Sugars Limited - India
  • APGENCO India
  • Shenhua Group - China
  • Mjunction Services Limited - India
  • Star Paper Mills Limited - India
  • TNPL - India
  • Tanito Harum - Indonesia
  • Indogreen Group - Indonesia
  • Banpu Public Company Limited - Thailand
  • Trasteel International SA, Italy
  • Timah Investasi Mineral - Indoneisa
  • Sree Jayajothi Cements Limited - India
  • Kartika Selabumi Mining - Indonesia
  • bp singapore
  • Standard Chartered Bank - UAE
  • Asian Development Bank
  • World Bank
  • Fearnleys - India
  • Meenaskhi Energy Private Limited - India
  • Platou - Singapore
  • Coal India Limited
  • SASOL - South Africa
  • Reliance Power - India
  • ING Bank NV - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • SGS (Thailand) Limited
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Total Coal South Africa
  • Kaltim Prima Coal - Indonesia
  • Maersk Broker
  • Ministry of Finance - Indonesia
  • Attock Cement Pakistan Limited
  • NTPC Limited - India
  • Latin American Coal - Colombia
  • Cemex - Philippines
  • Larsen & Toubro Limited - India
  • Australian Commodity Traders Exchange
  • Maybank - Singapore
  • TeaM Sual Corporation - Philippines
  • Africa Commodities Group - South Africa
  • Essar Steel Hazira Ltd - India
  • Toyota Tsusho Corporation, Japan
  • Glencore India Pvt. Ltd
  • Globalindo Alam Lestari - Indonesia
  • EMO - The Netherlands
  • Arch Coal - USA
  • World Coal - UK
  • GAC Shipping (India) Pvt Ltd
  • Jorong Barutama Greston.PT - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Russian Coal LLC
  • Global Green Power PLC Corporation, Philippines
  • GNFC Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • White Energy Company Limited
  • Power Finance Corporation Ltd., India
  • Ernst & Young Pvt. Ltd.
  • Oldendorff Carriers - Singapore
  • The University of Queensland
  • Deloitte Consulting - India
  • Iligan Light & Power Inc, Philippines
  • Adaro Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Australian Coal Association
  • Mercuria Energy - Indonesia
  • Bangladesh Power Developement Board
  • Videocon Industries ltd - India
  • Qatrana Cement - Jordan
  • Minerals Council of Australia
  • KPCL - India
  • Gujarat Sidhee Cement - India
  • Infraline Energy - India
  • Eastern Coal Council - USA
  • Maheswari Brothers Coal Limited - India
  • Manunggal Multi Energi - Indonesia
  • Tamil Nadu electricity Board
  • Semirara Mining Corp, Philippines
  • Enel Italy
  • Singapore Mercantile Exchange
  • Simpson Spence & Young - Indonesia
  • Mercator Lines Limited - India
  • Humpuss - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Runge Indonesia
  • Pinang Coal Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Mitsui
  • Chettinad Cement Corporation Ltd - India
  • Malabar Cements Ltd - India
  • CESC Limited - India
  • Savvy Resources Ltd - HongKong
  • Thai Mozambique Logistica
  • Kalimantan Lumbung Energi - Indonesia
  • Siam City Cement PLC, Thailand
  • Global Business Power Corporation, Philippines
  • EIA - United States
  • Indika Energy - Indonesia
  • Mitra SK Pvt Ltd - India
  • Eastern Energy - Thailand
  • Xindia Steels Limited - India
  • Jaiprakash Power Ventures ltd
  • Tata Power - India
  • MEC Coal - Indonesia
  • Thiess Contractors Indonesia
  • Economic Council, Georgia
  • Jindal Steel & Power Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Mintek Dendrill Indonesia
  • Orica Mining Services - Indonesia