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Thursday, 15 March 12
RESOURCE ALAM FY11 PROFIT UP 171% - INSIDER STORIES


Insider Stories reported that, coal mining company PT Resource Alam Indonesia Tbk (KKGI) reported a 171.16% jump in net profit last year on the back of robust growth in net sales.

Resource Alam, that is controlled by Adijanto family, posted Rp450.20 billion net profit last year (FY2011) from Rp166.03 billion a year earlier.

Operating profit jumped 166.96% to Rp633.05 billion from Rp237.13 billion a year earlier, while gross profit rose 155.18% to Rp869.78 billion from Rp340.85 billion.

Resource Alam booked a 119/49% jump in net sales to Rp2.13 trillion from Rp969.35 billion.
Source: Insider Stories

ABOUT Resources Alam Indonesia
PT. Resource Alam Indonesia Tbk (“
Resource Alam” or “the Company”) is an Indonesian coal mining company. Resource Alam focuses on the production and sales of thermal coal through its wholly owned subsidiary PT. Insani Bara Perkasa (“IBP”). IBP holds and operates a 24,477 hectare, 3rd Generation Coal Contract of Work (CCOW) concession in East Kalimantan.



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Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
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Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
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Friday, 09 December 11
DRY BULK MARKET REBOUNDS ON HEALTHIER DEMAND OUTLOOK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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Thursday, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
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