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, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...


Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...


Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...


Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...


Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...


   1162 1163 1164 1165 1166   
Showing 5816 to 5820 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 ...

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