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Monday, 09 May 11
DIAN SWASTATIKA Q1 PROFIT SOARS 511 PERCENT - INSIDER STORIES
PT Dian Swastatika Sentosa Tbk (DSSA), parent of coal miner PT Golden Energy Mines, reported a 511.73% jump in net profit for the first quarter of this year as a result of higher revenue as quoted by Insider Stories
Dian Swastatika posted US$11.99 million net profit or US$0.016 per share in 1Q 2011 from US$1.96 million or US$0.003 per share in 1Q 2010, a financial statement submitted to Indonesia Stock Exchange revealed.
Operating profit surged 308.97% to US$19.59 million from US$4.79 million, while gross profit soared 173.55% to US$33.51 million from US$12.25 million.
Dian Swastatika booked a 40.81% increase in revenue to US$135.14 million from US$95.97 million.
The company is underway to sell a minority shareholding in Golden Mines, previously known as PT Bumi Kencana Eka Sakti.
Dian Swastatika is 59.90% owned by PT Sinar Mas Tunggal, which is controlled by Forgianto, son of Indonesian tycoon Indra Widjaja, and public shareholders hold the remaining stake.
About Golden Energy Mines
Golden Energy Mines is the coal mining group subsidiary of Dian Swastika Sentosa Tbk (DSSA) - a Energy and Infrastructure company. Currently we supply 4-5 million tons of coal per annum to Coal Powerplants and Industries such as cement and paper both locally and internationally. We mine coal from our many concessions, and at the same time also purchase from other mine owners. We aim to be a reputable leading coal company with good consistent standards. If you are a mine owner or coal end user, we are happy to hear your proposals.
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Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...
Monday, 09 May 11
THAILAND COAL IMPORTS SURGE IN Q1 - ICAP SHIPPING
Thailand's coal imports leapt 20% in Q1 and the country looks set to import its largest ever volume in 2011 as quoted by ICAP Shipping web site.
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Monday, 09 May 11
KOSPO SEEKING 65KT STEAMING COAL
COALspot.com - Korea Southern Power Co (KOSPO) issues tender for 65000 Mt of Steaming Coal Supply with a minimum CV of 4,500 kcal/kg on NAR basis. D ...
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 11 ...
Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies a ...
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- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
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