We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 15 August 12
UT GENERATED RP 3.09 TRILLION NET INCOME
 COALspot.com - As of June 2012 Indonesia’s heavy equipment market grew 14%, from 8,448 units to 9,618 units (based on UT’s internal market research).
All sectors showed positive growth except for the mining sector. The slowdown in mining sector was the result of downward trend of coal price and implementation of mineral (non-coal) export taxes. The condition is further exacerbated by increasing competition as the impact of slowdown demand in China that drove reallocation of heavy equipment supply to other countries, including Indonesia market. This is reflected in Komatsu sales volume which was down to 4,231 units or 2% below the volume in first half 2011, PT United Tractor Tbk said in its Investor Bulletin.
UT further said in its report, on the Mining Contracting business, commitment to precise execution of mining contracting services drove Pama to deliver 12% increase in coal production and 13% growth in overburden removal. On coal mining business, the Company increased the coal sales volume by 38% from 2.21 million tons to 3.05 million tons.
UT’s performance during first semester 2012 recorded 19% increase in consolidated revenue, from Rp 25.62 trillion (approximately US$ 2,694,570,000) in the first half of 2011 to Rp 30.61 trillion (approximately US$ 3,219,390,000). To this total net revenue, Construction Machinery contributed 46.6%, Mining Contracting contributed 41.9%, whereas the remaining 11.5% contribution was from Mining business unit.
The growth of net revenue was accompanied by growth of consolidated gross profit of 25%, reaching Rp 5.53 trillion (approximately US$ 581,615,000) from Rp 4.44 trillion (approximately $ 466,975,000). This rise is primarily obtained from increased gross profit contribution from Construction Machinery and Mining Contracting segment, while gross profit from Mining business was decreased due to lowered average selling price of coal. Overall, combined with some additional other expenses and income tax, caused the Company’s net profit to reach Rp 3.09 trillion (approximately US$ 324,989,000), or 22% above first half 2011’s profit of Rp 2.54 trillion (approximately US$ 267,143,000).
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 07 July 12
BALTIC INDEX UP ON STRONG CAPE, PANAMAX RATES - VISTAAR
COALspot.com - This week all the segments were firmed up with BDI up by 15.23 pct (up by 153 points) closing at 1,157 points.
The cape index also ...
Saturday, 07 July 12
DRY BULK MARKET NOT ABLE TO FIND SOLID GROUND SAY EXPERTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the second half of each, traditionally looking the most active one, especially in terms of newbuildings being delivered, it's highly unlikely ...
Thursday, 05 July 12
GOVT GETS READY FOR $1.8B SUIT - THE JAKARTA POST
The Jakarta Post, one of the leading Indonesian English new papers reported that, several ministries and the Attorney General’s Office held a ...
Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 p ...
Thursday, 05 July 12
BUMI ACHIEVES HIGHER SELLING PRICE IN FIRST QUARTER
COALspot.com - PT Bumi Resources Tbk (BUMI), Indonesia's largest coal producer and exporter, has successfully maintained a higher sales margin, des ...
|
|
|
Showing 4666 to 4670 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- The University of Queensland
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
|
| |
| |
|
