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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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Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...
Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indones ...
Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...
Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...
Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...
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- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Planning Commission, India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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