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Tuesday, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES


Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net profit last year, a 50% jump from 2010's figure of Rp2 trillion (approximately US$ 223,713,646).

Bukit Asam's revenue is calculated to reach Rp11 trillion (approxiamtely US$ 1,230,425,055), a 39.24% jump from 2010's position at Rp7.9 trillion (approximately US$ 883,668,903).

President Director Milawarma, as quoted by Kontan daily, said the steep increase last year was underpinned by higher coal sales volume and sales price. Bukit Asam sold 12.09 million tons last year, a 4.6% increase from a year earlier.

Bukit Asam targets to sell 18.6 million tons of coal this year. "We estimate the sales price to rise by 5%-10% this year." The company will boost its production to 16.3 million tons this year, a 34.82% increase from last year.
Source: Insider Stories



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Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped  28.21* mln mt of coal in January 2012, slightly lower than its December 2011 ...


Monday, 27 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The pessimism in the dry market persists with the Baltic Dry Index still trying to find a steady pace of growth and average time charter earnings fo ...


Sunday, 26 February 12
THE FREIGHT RATES FOR INDONESIA TO INDIA IS LIKELY TO BE FIRM FOR NEXT 2/3 WEEKS - VISTAAR
COALspot.com – “There was not much change in the BDI and other indices this week except for  the Panamax which was down by 11.91 pc ...


Friday, 24 February 12
DRY BULK MARKET POSTS FIRST REBOUND IN A WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was expected since mid-week, the dry bulk market's benchmark, the BDI (Baltic Dry Index) has managed to put a stop in a 6-day losing rally, endi ...


Thursday, 23 February 12
2.5 PANAMAX VESSELS PER AVAILABLE CARGO FOR MARCH DATES - FEARN BULK
Handy Another depressing week for Supras in both basins. Lack of fresh business and over-supply of tonnage in the Atlantic pushed rates south. Cont ...


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