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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.($1 = 9,540 rupiah)
Source: Reuters
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Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...
Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block.
The nation of India.
India is emerging as a major re-shaping force for ...
Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size whic ...
Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...
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Showing 5916 to 5920 news of total 6871 |
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- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- The University of Queensland
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Australian Coal Association
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Economic Council, Georgia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
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