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Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share.
Net income benefited from strong production volume growth, robust average selling price (ASP), and continued cost control.
Net revenue increased 47% to US$3.99 billion while gross profit margins improved to 35.8% from 30.5% over the same period.
Adaro posted surged 80.4% to 1.28 billion from 711 million, sending a 6% higher margin to 32.2% from 26.2%.
“With our strong performance in 2011, we delivered on our targets, while also executing on our strategic objectives of making acquisitions of coal deposits in South Sumatra and moving downstream into power generation in Central Java," said Adaro Energy’s President Director, Garibaldi Thohir in a press statement today.
Operational performance
Coal production volume rose 13% to 47.67 million tons from 42.20 million tons, while sales volume increased 15.8% to 50.78 million tons from 43.84 million tons. Overburden removal increased 32.5% to 299.27 million bcm from 225.87 million bcm.
Adaro targets to produce 50 million-53 million tons this year with EBITDA of US$1.2 billion-US$1.5 billion.
Source: Insider Stories
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Friday, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...
Thursday, 29 March 12
DRY BULK EDGED FURTHER UP, ON HEALTHY DEMAND FOR MOST SHIP TYPES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With capesize vessels finally reappearing in demand, the dry bulk market had an easier task of rising yesterday, as the BDI (Baltic Dry Index) reach ...
Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 m ...
Wednesday, 28 March 12
ORPHEUS ENERGY TO COMMENCE JORC DRILLING AT ADK PROJECT
COALspot.com - Indonesian coal explorer and producer, Orpheus Energy (ASX:OEG), have today announced that the company is about to commence a drillin ...
Tuesday, 27 March 12
DRY BULK MARKET KEEP RISING FOLLOWING THE SAME TREND OF LAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum this week, on the same reasons of those last week. That is, the smaller ship types are still on the ris ...
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Showing 4786 to 4790 news of total 6871 |
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- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- MS Steel International - UAE
- PTC India Limited - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- The University of Queensland
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
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