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Friday, 31 October 14
BUKIT ASAM'S NET PROFIT ROSE 27.42% FOR THE PERIOD JANUARY - SEPTEMBER 2014
COALspot.com: Publicly listed coal miner Bukit Asam reported solid profits in the first nine months of 2014 year.
Coal miner Bukit Asam managed to boost sales by 18.96 percent y-o-y to IDR 9.65 trillion (US$ 797,850,420) and net profit by 27.42% to IDR 1.58 trillion (approximately US$ 130,632,504) between January and September, according to company's un-audited report.
Bukit Asam’s net profit rose 27.42% to IDR 1.58 trillion (approximately US$ 130,632,504) over same period compared to IDR 1.24 trillion (approximately US$ 102,521,712)
PTBA's coal production increased by 13% to 12.48 million tons in first nine months of 2014 compared to the same period in 2013.
PTBA also enjoyed a low stripping ratio of 4.5:1 for the period January - September 2014. The company has also hauled 15% more coal through railway compared to same period last year. According to company's consolidated financial statement released on 30 October, the company has transported 11 million tons of coal in first 3 quarters of this year compared to 9.5 million tons for the same period last year.
The company has noted in its report that, the company has sold 6.68 million tons or 7% more coal to domestic market for the first nine months 2014 compared to same period last year.
The company also said that, the weighted average coal selling price for first 9 months was at IDR. 728,079 (approximately US$ 60.19) per mt.
The average export price was at US$ 71.11 per MT for January - September 2014 and for domestic the company has sold at average IDR 671,426 (approximately US$ 55.62) per MT, the report says.
According to company's unaudited report, the gross profit margin (GPM), operating profit margin ( OPM) and net profit margin (NPM) of company for the first nine months was respectively at 23%,19% and 16%.
The price of coal suffered a steep decline due to oversupply and slumping demand from coal importing countries.
The data from Indonesia’s coal price reference (HBA) showing that prices have plunged by around 15 percent in the first nine months of the year.
(1 US$= Rp.12095)
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Sunday, 30 November 14
SUPRAMAX COAL FREIGHT RATES FROM INDONESIA TO INDIA : FIRM
COALspot.com: The BDI fell 171 points and closed at 1153 points on Friday 28 November 2014. The Cape index also lost 887 points and closed at 2151 ...
Friday, 28 November 14
NEW BIMCO CLAUSE AIMS TO REDUCE SUPPLIERS' RELIANCE ON SHIP ARREST FOR CHARTERERS' UNPAID BUNKERS
KNOWLEDGE TO ELEVATE
Ship owners can, on occasion, find themselves in the invidious position of suffering unexpected loss of hire due to a tim ...
Friday, 28 November 14
JSW ENERGY AND GRM RESOURCES JOIN GLOBALCOAL
COALspot.com: globalCOAL® announced yesterday that two new Market Members have joined its online coal trading platform. According globaCOAL&rsq ...
Thursday, 27 November 14
MINING SERVICES TAX SPIKED BY 233% - BISNIS INDONESIA
COALspot.com: The Energy and Mineral Resources Department of Indonesia said the tax contribution from mining services sector in the 3rd Q 2014 ...
Thursday, 27 November 14
PANAMAX : EXPECTATION'S FOR A STRONG END OF YEAR RUSH, DISAPPEAR DAY BY DAY - FEARNLEYS
Handy
“We have experienced a firming market the last couple of weeks. More activity from cargo owners in the Atlantic and less available to ...
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- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Australian Coal Association
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- India Bulls Power Limited - India
- Minerals Council of Australia
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
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