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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$95.97 million.
The company is underway to sell a minority shareholding in Golden Mines, previously known as PT Bumi Kencana Eka Sakti.
Dian Swastatika is 59.90% owned by PT Sinar Mas Tunggal, which is controlled by Forgianto, son of Indonesian tycoon Indra Widjaja, and public shareholders hold the remaining stake.
About Golden Energy Mines
Golden Energy Mines is the coal mining group subsidiary of Dian Swastika Sentosa Tbk (DSSA) - a Energy and Infrastructure company. Currently we supply 4-5 million tons of coal per annum to Coal Powerplants and Industries such as cement and paper both locally and internationally. We mine coal from our many concessions, and at the same time also purchase from other mine owners. We aim to be a reputable leading coal company with good consistent standards. If you are a mine owner or coal end user, we are happy to hear your proposals.
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Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to mai ...
Friday, 29 April 11
KOMIPO ISSUES TENDER FOR 710,000 MT OF LCV & HCV COAL
COALspot.com - Korea Midland Power Co. Ltd (KOMIPO) has issued a spot supply tender for supply of total 710,000 MT of thermal coal for delivery betw ...
Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...
Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...
Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
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- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- The University of Queensland
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
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