COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 06 July 10
KEPCO, POSCO BUY AUSTRALIAN COAL MINES - CHOSUN
Chosun reported that, Electricity monopoly KEPCO and steelmaker POSCO have both bought coal mines in Australia. KEPCO signed a 400 million Austra ...


Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...


Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...


Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...


Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...


   1147 1148 1149 1150 1151   
Showing 5741 to 5745 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Platou - Singapore
  • U S Energy Resources
  • GMR Energy Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Therma Luzon, Inc, Philippines
  • Rashtriya Ispat Nigam Limited - India
  • DBS Bank - Singapore
  • Mjunction Services Limited - India
  • Tata Chemicals Ltd - India
  • CIMB Investment Bank - Malaysia
  • Uttam Galva Steels Limited - India
  • Cardiff University - UK
  • Fearnleys - India
  • Maybank - Singapore
  • Aditya Birla Group - India
  • Kepco SPC Power Corporation, Philippines
  • JPMorgan - India
  • Peabody Energy - USA
  • Bahari Cakrawala Sebuku - Indonesia
  • Permata Bank - Indonesia
  • World Coal - UK
  • Petron Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Indorama - Singapore
  • IEA Clean Coal Centre - UK
  • Altura Mining Limited, Indonesia
  • New Zealand Coal & Carbon
  • Noble Europe Ltd - UK
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Indian Energy Exchange, India
  • Mercator Lines Limited - India
  • Banpu Public Company Limited - Thailand
  • Goldman Sachs - Singapore
  • Medco Energi Mining Internasional
  • Vijayanagar Sugar Pvt Ltd - India
  • Ministry of Mines - Canada
  • The University of Queensland
  • AsiaOL BioFuels Corp., Philippines
  • Ambuja Cements Ltd - India
  • IBC Asia (S) Pte Ltd
  • Intertek Mineral Services - Indonesia
  • ICICI Bank Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • CCIC - Indonesia
  • Jaiprakash Power Ventures ltd
  • Global Coal Blending Company Limited - Australia
  • globalCOAL - UK
  • Petrochimia International Co. Ltd.- Taiwan
  • PetroVietnam
  • Mercuria Energy - Indonesia
  • Ministry of Transport, Egypt
  • Cemex - Philippines
  • UBS Singapore
  • Sindya Power Generating Company Private Ltd
  • Gujarat Electricity Regulatory Commission - India
  • The Treasury - Australian Government
  • Trasteel International SA, Italy
  • NALCO India
  • Tata Power - India
  • Thiess Contractors Indonesia
  • NTPC Limited - India
  • Mitsubishi Corporation
  • Chettinad Cement Corporation Ltd - India
  • Malabar Cements Ltd - India
  • Coeclerici Indonesia
  • Africa Commodities Group - South Africa
  • Asia Cement - Taiwan
  • Coal and Oil Company - UAE
  • GHCL Limited - India
  • LBH Netherlands Bv - Netherlands
  • Berau Coal - Indonesia
  • Arch Coal - USA
  • ETA - Dubai
  • Rudhra Energy - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Semirara Mining and Power Corporation, Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Coal India Limited
  • Sarangani Energy Corporation, Philippines
  • Maersk Broker
  • CoalTek, United States
  • Merrill Lynch Bank
  • Salva Resources Pvt Ltd - India
  • GNFC Limited - India
  • Larsen & Toubro Limited - India
  • Vale Mozambique
  • Idemitsu - Japan
  • Iligan Light & Power Inc, Philippines
  • Posco Energy - South Korea
  • Central Java Power - Indonesia
  • Asian Development Bank
  • Edison Trading Spa - Italy
  • CNBM International Corporation - China
  • Platts
  • Thriveni
  • GN Power Mariveles Coal Plant, Philippines
  • UOB Asia (HK) Ltd
  • Shree Cement - India
  • Japan Coal Energy Center
  • World Bank
  • Barasentosa Lestari - Indonesia
  • Parliament of New Zealand
  • KOWEPO - South Korea
  • Kumho Petrochemical, South Korea
  • Vitol - Bahrain
  • Siam City Cement PLC, Thailand
  • Straits Asia Resources Limited - Singapore
  • GVK Power & Infra Limited - India
  • Marubeni Corporation - India
  • WorleyParsons
  • Leighton Contractors Pty Ltd - Australia
  • Globalindo Alam Lestari - Indonesia
  • Romanian Commodities Exchange
  • Kideco Jaya Agung - Indonesia
  • Mintek Dendrill Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Indogreen Group - Indonesia
  • Australian Coal Association
  • PowerSource Philippines DevCo
  • Cement Manufacturers Association - India
  • Krishnapatnam Port Company Ltd. - India
  • Sakthi Sugars Limited - India
  • Xindia Steels Limited - India
  • Lanco Infratech Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Inspectorate - India
  • Cosco
  • Asmin Koalindo Tuhup - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Manunggal Multi Energi - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Power Finance Corporation Ltd., India
  • VISA Power Limited - India
  • India Bulls Power Limited - India
  • Singapore Mercantile Exchange
  • Ind-Barath Power Infra Limited - India
  • KPMG - USA
  • Madhucon Powers Ltd - India
  • Savvy Resources Ltd - HongKong
  • Arutmin Indonesia
  • IOL Indonesia
  • ANZ Bank - Australia
  • Billiton Holdings Pty Ltd - Australia
  • Energy Development Corp, Philippines
  • Britmindo - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bhatia International Limited - India
  • Indonesian Coal Mining Association
  • Kalimantan Lumbung Energi - Indonesia
  • Freeport Indonesia
  • Formosa Plastics Group - Taiwan
  • PTC India Limited - India
  • Kobe Steel Ltd - Japan
  • PetroVietnam Power Coal Import and Supply Company
  • Reliance Power - India
  • Dalmia Cement Bharat India
  • ING Bank NV - Singapore
  • PNOC Exploration Corporation - Philippines
  • Borneo Indobara - Indonesia
  • Orica Australia Pty. Ltd.
  • Sinarmas Energy and Mining - Indonesia
  • Panama Canal Authority
  • Oldendorff Carriers - Singapore
  • The State Trading Corporation of India Ltd
  • Merrill Lynch Commodities Europe
  • Infraline Energy - India
  • PLN - Indonesia
  • Bulk Trading Sa - Switzerland
  • Indo Tambangraya Megah - Indonesia
  • MS Steel International - UAE
  • SGS (Thailand) Limited
  • Lafarge - France
  • Aboitiz Power Corporation - Philippines
  • Wilmar Investment Holdings
  • Bangkok Bank PCL
  • Petrosea - Indonesia
  • Thermax Limited - India
  • MEC Coal - Indonesia
  • J M Baxi & Co - India
  • Bukit Baiduri Energy - Indonesia
  • Adani Power Ltd - India
  • The India Cements Ltd
  • SMC Global Power, Philippines
  • Geoservices-GeoAssay Lab
  • Gresik Semen - Indonesia
  • Cargill India Pvt Ltd
  • Humpuss - Indonesia
  • Gujarat Sidhee Cement - India
  • Sucofindo - Indonesia
  • Glencore India Pvt. Ltd
  • BNP Paribas - Singapore
  • ASAPP Information Group - India
  • Latin American Coal - Colombia
  • Kaltim Prima Coal - Indonesia
  • Argus Media - Singapore
  • Coalindo Energy - Indonesia
  • Samtan Co., Ltd - South Korea
  • Standard Chartered Bank - UAE
  • Independent Power Producers Association of India
  • Energy Link Ltd, New Zealand
  • Cigading International Bulk Terminal - Indonesia
  • Wood Mackenzie - Singapore
  • Sojitz Corporation - Japan
  • Bukit Makmur.PT - Indonesia
  • Electricity Generating Authority of Thailand
  • Binh Thuan Hamico - Vietnam
  • IMC Shipping - Singapore
  • Deutsche Bank - India
  • Price Waterhouse Coopers - Russia
  • Attock Cement Pakistan Limited
  • EIA - United States
  • Shenhua Group - China
  • Gujarat Mineral Development Corp Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Mitra SK Pvt Ltd - India
  • BRS Brokers - Singapore
  • bp singapore
  • Mitsui
  • OCBC - Singapore
  • San Jose City I Power Corp, Philippines
  • Coal Orbis AG
  • Tanito Harum - Indonesia
  • SUEK AG - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Central Electricity Authority - India
  • Maharashtra Electricity Regulatory Commission - India
  • Bank of China, Malaysia
  • EMO - The Netherlands
  • Makarim & Taira - Indonesia
  • Commonwealth Bank - Australia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Videocon Industries ltd - India
  • Minerals Council of Australia
  • Parry Sugars Refinery, India
  • Electricity Authority, New Zealand
  • Maheswari Brothers Coal Limited - India
  • Core Mineral Indonesia
  • Thomson Reuters GRC
  • Clarksons - UK
  • SRK Consulting
  • Bhushan Steel Limited - India
  • SMG Consultants - Indonesia
  • PLN Batubara - Indonesia
  • White Energy Company Limited
  • Adaro Indonesia
  • Indian School of Mines
  • Pendopo Energi Batubara - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Essar Steel Hazira Ltd - India
  • Xstrata Coal
  • Thai Mozambique Logistica
  • Miang Besar Coal Terminal - Indonesia
  • Baramulti Group, Indonesia
  • McKinsey & Co - India
  • TANGEDCO India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Agrawal Coal Company - India
  • Indian Oil Corporation Limited
  • Sical Logistics Limited - India
  • Australian Commodity Traders Exchange
  • Rio Tinto Coal - Australia
  • Surastha Cement
  • McConnell Dowell - Australia
  • Coastal Gujarat Power Limited - India
  • Gupta Coal India Ltd
  • Maruti Cements - India
  • SN Aboitiz Power Inc, Philippines
  • Port Waratah Coal Services - Australia
  • Carbofer General Trading SA - India
  • Runge Indonesia
  • Grasim Industreis Ltd - India
  • HSBC - Hong Kong
  • KEPCO - South Korea
  • Coaltrans Conferences
  • Eastern Energy - Thailand
  • GB Group - China
  • CESC Limited - India
  • Indonesia Power. PT
  • APGENCO India
  • Barclays Capital - USA
  • Planning Commission, India
  • Total Coal South Africa
  • GAC Shipping (India) Pvt Ltd
  • TRAFIGURA, South Korea
  • Jatenergy - Australia
  • Renaissance Capital - South Africa
  • Sree Jayajothi Cements Limited - India
  • London Commodity Brokers - England
  • IHS Mccloskey Coal Group - USA
  • Orica Mining Services - Indonesia
  • Bank of America
  • Ceylon Electricity Board - Sri Lanka
  • Vizag Seaport Private Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • RBS Sempra - UK
  • ACC Limited - India
  • Jindal Steel & Power Ltd - India
  • KPCL - India
  • Riau Bara Harum - Indonesia
  • Metalloyd Limited - United Kingdom
  • Samsung - South Korea
  • Bangladesh Power Developement Board
  • Qatrana Cement - Jordan
  • Anglo American - United Kingdom
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • South Luzon Thermal Energy Corporation
  • Heidelberg Cement - Germany
  • Economic Council, Georgia
  • European Bulk Services B.V. - Netherlands
  • Moodys - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • Directorate Of Revenue Intelligence - India
  • Indika Energy - Indonesia
  • Eastern Coal Council - USA
  • Global Business Power Corporation, Philippines
  • Ernst & Young Pvt. Ltd.
  • Thailand Anthracite
  • Siam City Cement - Thailand
  • Jorong Barutama Greston.PT - Indonesia
  • Mechel - Russia
  • Meralco Power Generation, Philippines
  • Ministry of Finance - Indonesia
  • Deloitte Consulting - India
  • TGV SRAAC LIMITED, India
  • Pinang Coal Indonesia
  • Credit Suisse - India
  • Ince & co LLP
  • Georgia Ports Authority, United States
  • Kobexindo Tractors - Indoneisa
  • Vedanta Resources Plc - India
  • Star Paper Mills Limited - India
  • TNPL - India
  • Interocean Group of Companies - India
  • JPower - Japan
  • Tamil Nadu electricity Board
  • Malco - India
  • Bhoruka Overseas - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Inco-Indonesia
  • TeaM Sual Corporation - Philippines
  • Antam Resourcindo - Indonesia
  • Simpson Spence & Young - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Russian Coal LLC
  • SASOL - South Africa
  • Chamber of Mines of South Africa
  • Bayan Resources Tbk. - Indonesia
  • Enel Italy
  • Bharathi Cement Corporation - India
  • Cebu Energy, Philippines
  • Semirara Mining Corp, Philippines