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Monday, 09 May 11
DIAN SWASTATIKA Q1 PROFIT SOARS 511 PERCENT - INSIDER STORIES
PT Dian Swastatika Sentosa Tbk (DSSA), parent of coal miner PT Golden Energy Mines, reported a 511.73% jump in net profit for the first quarter of this year as a result of higher revenue as quoted by Insider Stories
Dian Swastatika posted US$11.99 million net profit or US$0.016 per share in 1Q 2011 from US$1.96 million or US$0.003 per share in 1Q 2010, a financial statement submitted to Indonesia Stock Exchange revealed.
Operating profit surged 308.97% to US$19.59 million from US$4.79 million, while gross profit soared 173.55% to US$33.51 million from US$12.25 million.
Dian Swastatika booked a 40.81% increase in revenue to US$135.14 million from US$95.97 million.
The company is underway to sell a minority shareholding in Golden Mines, previously known as PT Bumi Kencana Eka Sakti.
Dian Swastatika is 59.90% owned by PT Sinar Mas Tunggal, which is controlled by Forgianto, son of Indonesian tycoon Indra Widjaja, and public shareholders hold the remaining stake.
About Golden Energy Mines
Golden Energy Mines is the coal mining group subsidiary of Dian Swastika Sentosa Tbk (DSSA) - a Energy and Infrastructure company. Currently we supply 4-5 million tons of coal per annum to Coal Powerplants and Industries such as cement and paper both locally and internationally. We mine coal from our many concessions, and at the same time also purchase from other mine owners. We aim to be a reputable leading coal company with good consistent standards. If you are a mine owner or coal end user, we are happy to hear your proposals.
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Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
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