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Thursday, 15 March 12
RESOURCE ALAM FY11 PROFIT UP 171% - INSIDER STORIES


Insider Stories reported that, coal mining company PT Resource Alam Indonesia Tbk (KKGI) reported a 171.16% jump in net profit last year on the back of robust growth in net sales.

Resource Alam, that is controlled by Adijanto family, posted Rp450.20 billion net profit last year (FY2011) from Rp166.03 billion a year earlier.

Operating profit jumped 166.96% to Rp633.05 billion from Rp237.13 billion a year earlier, while gross profit rose 155.18% to Rp869.78 billion from Rp340.85 billion.

Resource Alam booked a 119/49% jump in net sales to Rp2.13 trillion from Rp969.35 billion.
Source: Insider Stories

ABOUT Resources Alam Indonesia
PT. Resource Alam Indonesia Tbk (“
Resource Alam” or “the Company”) is an Indonesian coal mining company. Resource Alam focuses on the production and sales of thermal coal through its wholly owned subsidiary PT. Insani Bara Perkasa (“IBP”). IBP holds and operates a 24,477 hectare, 3rd Generation Coal Contract of Work (CCOW) concession in East Kalimantan.



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Sunday, 18 March 12
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Saturday, 17 March 12
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Saturday, 17 March 12
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Thursday, 15 March 12
RAINS AVERAGE SELLING PRICE OF COAL WENT UP BY 22 % IN 2011
COALspot.com - PT. Resource Alam Indonesia Tbk, an Indonesian CCoW (3rd Generation) holder reported Wednesday a 171 percent increase in net profits ...


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