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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$= Rp.12095)
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Wednesday, 26 November 14
OVERSUPPLY OF TONNAGE PUSHED PANAMAX SEGMENT DOWN FOR ANOTHER WEEK
COALspot.com: The Dry Bulk market managed to reverse its course from the week prior and with the sole exception of the Panamax segment, we witnesse ...
Wednesday, 26 November 14
SHIPPING MARKET INSIGHT - EVA TZIMA
The tanker market has been enjoying some good returns lately. Ok, that may be a big understatement, but with all the ups and downs of the past year ...
Tuesday, 25 November 14
FISCAL BREAKEVEN OIL PRICES SHOW SOVEREIGN VULNERABILITY - FITCH
COALspot.com: The vulnerability of the sovereign credit profiles of net oil exporters, as shown by their fiscal breakeven oil prices, suggests that ...
Tuesday, 25 November 14
UK: TRIBUNAL RULES ON SPEED AND PERFORMANCE CLAIMS UNDER TWO CONSECUTIVE TIME CHARTERPARTIES - REED SMITH
KNOWLEDGE TO ELEVATE
“Owners not to be responsible if the vessel under the currency of this charter party stays at port or anchorage or ...
Tuesday, 25 November 14
FOB RICHARDS BAY COAL SWAP FOR Q4' 15 DELIVERY CLOSED AT US$ 68.20
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 gained month on month, week on week and day over day.
The Q1 swap has gain ...
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- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
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