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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, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
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- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- The University of Queensland
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- PTC India Limited - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
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