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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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- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- White Energy Company Limited
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Planning Commission, India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Bhoruka Overseas - Indonesia
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