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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).
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Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
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- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Australian Coal Association
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
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