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Tuesday, 21 March 17
DESPITE THE CHALLENGING MARKET SITUATION IN 2016 THE DELTA DUNIA MAKMUR HAS ACHIEVED A NET PROFIT OF US$37 MILLION
 COALspot.com: PT Delta Dunia Makmur Tbk. has announced its financial results for the period ended December 31, 2016.
Despite challenging market situation for most of 2016, the Company has managed to turn around its operations and recorded net profit of US$37 million compared to net loss of US$ 8 million in 2015.
According to the press release from the company, the Company delivered overburden removal of 299.8 million bcm and coal of 35.1 million ton. Net revenue increased from USD566 million in 2015 to US$ 611 million in 2016. EBITDA also improved from US$186 million to US$217 million in 2016 as the result of improvement in volume, productivity and various cost efficiency measures.
The press release further noted that the company has generated free cash flows of US$107 million after investment of US$126 million in capital expenditure. Outstanding debt was reduced by a net of US$ 73 million throughout 2016, resulting in net debt position of US$497 million and net debt to EBITDA ratio of 2.3x.
As announced previously, the company said, the Company has signed several contracts throughout 2016 consisting mostly of contract extensions to life of mine and some, with significant additional volume.
Contracts signed were
(i) contract extension with PT Tadjahan Antang Mineral valued at ~US$288 million,
(ii) contract amendments with PT Berau Coal valued at ~US$3 billion,
(iii) with PT UPS Sidrap Bayu Energy valued at ~US$4 million,
(iv) contract extension with PT Adaro Indonesia valued at ~US$428 million, and
(v) a new contract with PT Angsana Jaya Energi valued at ~US$66 million.
The company further said the total contract on hand with customers is around US$ 5 billion.
With the turnaround of the operations, existing contract on hand, much-improved balance sheets position and the recovery of coal price; the management believes that this is an exciting time and the Company looks forward to profitable growth in the future, the company has concluded.
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Tuesday, 05 September 17
COAL: A STRONG MOVEMENT IN THE COAL MARKET OVER THE SUMMER MONTHS - GEORGE LAZARIDIS
We have been witnessing a strong movement in the coal market over the summer months something that has not only helped boost prices for the commodi ...
Friday, 01 September 17
U.S COAL OUTPUT DIPS WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 31 August 17
SUPRAMAX: INDO TO CHINA COAL TRIPS AT AROUND $9000, DELIVERY THAILAND - FEARNLEYS
Supramax
A bit slow start to the week with UK holidays on Monday. Still strong rates for cargoes out of Black Sea, where front hauls where done $ ...
Tuesday, 29 August 17
WEEKLY SHIPPING MARKET ANALYSIS - ALLIED
In the aftermath of Hurricane Harvey, one of the worst disasters to hit Texas, we are now looking to get a clearer picture of the possible disrupti ...
Tuesday, 29 August 17
U.S WEEKLY COAL OUT UP 3.4% WEEK OVER WEEK TO APPROX. 17 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tonne ...
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Showing 1956 to 1960 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- PTC India Limited - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- The University of Queensland
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
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