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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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Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
Friday, 02 July 10
MINERALS RESOURCE TAXATION IN AUSTRALIA - PRESS RELEASE
Press Release : Rio Tinto acknowledges the Australian Government’s announcement that the Resource Super Profits Tax (RSPT) proposal will be re ...
Thursday, 01 July 10
TATA POWER TO RAISE US$300 MILLION THROUGH ITS COAL SPVS TO FUND ADDITIONAL ACQUISITIONS AND / OR REDUCE OUTSTANDING DEBT
Stock Markets Review reported that, Tata Power, India’s largest private power player has signed an agreement to raise US$300 million in Bhira ...
Thursday, 01 July 10
HELLENIC SHIPPING NEWS POLL: THE BDI WILL STAY ABOVE 3,000 POINTS IN THE SECOND HALF OF 2010
When Hellenic Shipping News Worldwide prepared June’s poll asking readers about where do they think that the Baltic Dry Index (BDI) will range ...
Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS
Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ...
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Showing 5746 to 5750 news of total 6871 |
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- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- The University of Queensland
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
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