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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, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...
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- Minerals Council of Australia
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
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