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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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Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...
Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...
Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...
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Showing 6201 to 6205 news of total 6871 |
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Planning Commission, India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Economic Council, Georgia
- PTC India Limited - India
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- The University of Queensland
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
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