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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, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...
Saturday, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...
Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...
Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...
Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...
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- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Australian Coal Association
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Mjunction Services Limited - India
- White Energy Company Limited
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
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