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Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia's largest coal producer by market value PT Adaro Energy Tbk posted a 131.6 percent increase in its third quarter net profit, based on Reuters calculations, amid increasing coal demand for both exports and domestic use.
Adaro, which has a market capitalisation of $5.14 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for more than 70 percent of its sales. The firm had said that the demand for its coal strengthened at the end of June and expected the trend to continue until the end of the year with increasing sales to Asian customers.
Adaro posted a 58.9 percent increase of coal exports and 55.7 percent increase of domestic coal sales in the July-September period. Its net profit grew 131.6 percent to 1.27 trillion rupiah from 546.5 billion rupiah a year ago, while the revenue jumped 56.8 percent to 7.12 trillion rupiah.
The figures were based on Reuters calculations from the nine-months and first-half earnings published by the company. Adaro aims to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and to raise production to 80 million tonnes per year in the next five years. With higher sales volume, Adaro has forecast double-digit growth in revenue and net profit this year. Shares in Adaro closed at 1,540 rupiah on Friday.($1 = 9,540 rupiah)
Source: Reuters
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Tuesday, 27 July 10
INDIA HAS IMPORTED 1.5 MILLION TONS OF COAL LAST WEEK
COALspot.com: Coal imports in Indian ports have reached over 1.5 million tons for the week ended 25 July 2010. According to port agents, aroun ...
Tuesday, 27 July 10
DRY BULK SPOT CARGO DEMAND SHARPLY UP, TRIGGERING RISE IN RATES
Hot on the heels of the dry bulk market’s first weekly gain in almost two months, Monday began on a similar note, with the Baltic Dry Index (B ...
Tuesday, 27 July 10
KANGAROO RESOURCES INKS 297MT COAL RESOURCE FOR TANUR JAYA PROJECT
Kangaroo Resources has reported JORC Code compliant open cut Coal Resources totalling 297 million tonnes for the Tanur Jaya Coal Project in East Kal ...
Monday, 26 July 10
INDONESIAN COAL PRICE REFERENCE FOR JULY 2010 IS US$ 96.65 PER TON FOB VESSEL
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Monday, 26 July 10
BHATIA INTERNATIONAL, MIGHT GRAB THE MAJORITY OF COAL SUPPLY ORDER FROM MAHAGENCO
COALspot.com: Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, has received price bids from ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- The University of Queensland
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
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