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Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above last year's figure. Bukit Asam booked Rp2 trillion net profit last year, as quoted by Insider Stories.
Insider further reported, according to the company's Corporate Secretary Achmad Sudarto, Bukit Asam is scouting a minimum 10% growth in net profit next year, giving the company an opportunity to reach Rp3.3 trillion.
"We target a minimum 10% increase in revenue next year," he said as quoted by Kontan daily. In 2011, Bukit Asam expects to book Rp11 trillion revenue.
To meet the target, Bukit Asam will jack up coal output and sales at least 10%-20%. In 2011, Bukit Asam has set target of 15 million tons-16 million tons coal output with 16 million tons-17 million tons sales.
Source: Insider Stories
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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- Ministry of Mines - Canada
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- Binh Thuan Hamico - Vietnam
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- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
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- Renaissance Capital - South Africa
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- Metalloyd Limited - United Kingdom
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- ICICI Bank Limited - India
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- Standard Chartered Bank - UAE
- MS Steel International - UAE
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- CIMB Investment Bank - Malaysia
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- IEA Clean Coal Centre - UK
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- Electricity Authority, New Zealand
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- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
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- Globalindo Alam Lestari - Indonesia
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