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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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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
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- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Australian Coal Association
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
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