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

Thursday, 10 February 11
SUPRA RATES IMPROVED A LITTLE OVER US$ 6K BSS N. CHINA DELIVERY FOR INDO-INDIA AND THAILAND ROUNDS - FEARNBULK
Handy Atl is still weak with little fresh enquiry and an accumulation of spot tonnage.Owners are reluctant to send tonnage thru Suez due to uncert ...


Thursday, 10 February 11
BUKIT ASAM EXPECTS ABOVE RP 3 TRIO PROFIT
The state-owned coal miner PT Tambang Bukit Asam Tbk (PTBA) expects to reach 2011's net profit above Rp 3 trillion (US$ 336,322,568) from above Rp2 ...


Wednesday, 09 February 11
INDONESIA ALLOWED 60 COAL TRADING COMPANIES TO EXPORT COAL
COALspot.com - A temporary ban imposed on coal traders in January has lifted this week. As of today 60coal trading companies were allowed to resume ...


Tuesday, 08 February 11
INDIA'S SIMHAPURU TARGETS S.AFRICAN COAL - ECONOMIC TIMES
Economic Times reported that, India's Simhapuri Energy , a unit of the Madhucon Group , wants to buy new or existing collieries in South Africa fro ...


Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...


   1075 1076 1077 1078 1079   
Showing 5381 to 5385 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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