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

Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...


Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...


Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...


Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...


Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...


   1070 1071 1072 1073 1074   
Showing 5356 to 5360 news of total 6871
News by Category
Popular News
 
Total Members : 28,632
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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