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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, 19 November 14
SHIPPING MARKET INSIGHT - BY KATERINA RESTIS
The current Ebola outbreak in West Africa has been declared as a worldwide health emergency by the World Health Organization and has had a great im ...
Tuesday, 18 November 14
VALEMAX DEAL TO DETERMINE DRY BULK MARKET'S FATE - DREWRY MARITIME RESEARCH
Vale’s accord to sell and lease four Valemax vessels to COSCO might have negative repercussions on dry bulk freight rates. Vale has committed ...
Tuesday, 18 November 14
SUB-BIT FOB INDONESIA COAL SWAP DELIVERY Q2' 2015 CLOSED AT $ 49.55; DOWN 4.10% M-O-M
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, gained week on week and day on day.
The Q1 swap has lost US ...
Tuesday, 18 November 14
FOB RICHARDS BAY COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT $ 66.31; UP 1.33% W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for Q1’ 2015 delivery has gained US$ 0.27 (+0.41%) month over month and US$ 0.87 (+1.33%) week ...
Tuesday, 18 November 14
CHEAP OIL PRICES COULD RESHAPE GLOBAL OIL EXPORTING MAP - HELLENIC SHIPPING
Tanker owners have enjoyed a rather healthy 2014, but as the year draws to a close, the fall of oil prices is bound to reshape traditional, as well ...
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- Pipit Mutiara Jaya. PT, Indonesia
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- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- The University of Queensland
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
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- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
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- Makarim & Taira - Indonesia
- ASAPP Information Group - India
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- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
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- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
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