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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, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...
Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...
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Showing 5881 to 5885 news of total 6871 |
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- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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