We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight increase in net income of 7.23% last year as it obtained contributions of net income from two associated companies. as qouted by Insider Stories.
Insider strories further reported, at the operational line, Harum Energy didn't show any shinny performance. Income from operations slightly decreased 6.56%, while revenue retreated 2.39%.
In the financial statement submitted to Indonesia Stock Exchange last week, Harum posted Rp822.94 billion net income last year from Rp767.47 billion in 2009.
Of the earning, the company recorded Rp131.91 billion net income from two associated companies namely coal miner PT Santan Batubara and PT Lotus Coalindo Marine.
Income from operations fell 6.56% to Rp1.14 trillion from Rp1.22 trillion, sending its operating margin lowered to 25.39% from 26.52%. Harum Energy's gross profit was also in a slight decline to Rp1.58 trillion from Rp1.66 trillion. Revenue recorded Rp4.49 trillion, a slight decrease of 2.39% from Rp4.60 trillion.
Associated companies
Harum Energy booked Rp131.91 billion net income contributions from Santan Batubara, with 50% shareholding, and Lotus Coalindo. PT Petrosea Tbk (PTRO), wholly owned subsidiary of PT Indika Energy Tbk (INDY) owns 50% shareholding in Santan Batubara.
Santan batubara contributed Rp125.41 billion net income to both Harum Energy and Petrosea, while Lotus Coalindo contributed Rp6.49 billion net income to Harum Energy.
PT Karunia Bara Perkasa controls 79.72% shareholding in Harum Energy and PT Bara Sejahtera Abadi owns 0.09% shareholding in Harum Energy. Kiki Barki and his son Lawrence Barki are controlling shareholders in Karunia Perkasa and Bara Abadi.
Source: Insider Stories
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 19 April 11
LONDON COMMODITY BROKERS OPENS JOHANNESBURG OFFICE
COALspot.com - London Commodity Brokers (LCB), a broking house specialising in bulk physical and Over-The-Counter commodities and options (coal ...
Tuesday, 19 April 11
TNPL TO CONDUCT E-AUCTION TO SECURE 160,000 MT OF COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL) a state utility of Tamil Nadu, India to conduct reverse auction on 20 April 2011, betw ...
Tuesday, 19 April 11
ADARO TO ALLOT US$100 MIO FOR COKING COAL - INSIDER STORIES
One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) plans to spend US$100 million in coking coal project dubbed IndoMet Coal, a joint ...
Tuesday, 19 April 11
KPCL TO OPEN PRICE BID ON 23 APRIL 2011 TO FINALIZE ITS ONE MILLION MT COAL SUPPLIER
COALspot.com - Karnataka Power Corporation (KPCL) a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 ...
Monday, 18 April 11
INDONESIA HAS SET THE APRIL 2011 COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.02 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the April 2011 Indonesian Coal Reference Price for thermal coal at ...
|
|
|
Showing 5301 to 5305 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- McConnell Dowell - Australia
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Minerals Council of Australia
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
|
| |
| |
|