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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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Sunday, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...
Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today.
More than a half a dozen of Indian coal t ...
Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...
Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy
The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
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- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
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