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Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net profit of 208.09 percent on the back of strong coal sales volume and higher selling price, as quoted by Insider Stories.
Insider further said it report, Resource Alam posted Rp 214.40 billion (approx. US$ 25,268,120) net profit or Rp 214 (approx. US$ 0.025) per share for the first 6 months of this year (1H 2011) from Rp 69.59 billion (US$ 8,201,532) or Rp 70 (approx. US$ 0.0082 ) per share for the same period a year earlier (1H 2010). Operating profit surges 194.40 percent to Rp 293.02 billion (approx. US$ 34,533,883) from Rp 99.53 billion (approx. US$ 11,730,111).
KKGI's gross profit jumped 157.38 percent to Rp 524.57 billion (approx. US$ 61,823,217) from Rp 293.81 billion (approx. US$ 34,626,988), while net sales reached Rp 981.09 billion (approx. US$ 115,626,399), a 137.24 percent surge from Rp 413.55 billion (approx. US$ 48,738,951).
Resource Alam, with concession area of 24,478 hectares located in East Kalimantan, is owned and founded by Adijanto family.
Pintarso Adijanto (Tan Hong Pheng), one of Adijanto's son, is in charge as Resource Alam's President Director and Swandono Adijanto (Tan Hong Swan) is one of the company's Commissioner.
Pintarso and Swandono have other siblings, Winoto Adijanto (Tan Hung Hwie), Suparno Adijanto (Tan Hong Kiat), Muriati Adijanto (Tan Phe Phe), Pandjijono Adijanto (Tan Hong Phang), and Mariana Adijanto (Tan Phwe Leng).
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Wednesday, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...
Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...
Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...
Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...
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- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- The University of Queensland
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
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