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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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Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
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- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Australian Coal Association
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Bhatia International Limited - India
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
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