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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, 26 October 14
CAPE'S STRONG PERFORMANCE PUSHES BDI INDEX UPWARDS
COALspot.com: The BDI was up by 26.27 pct and closed at 1192 points week and week. The Cape size performance has pushed up BDI and Cape size index ...
Friday, 24 October 14
WEEKLY U.S COAL PRODUCTION DOWN 2.7% FOR THE WEEK ENDING OCTOBER 18
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.7 million short tons (mmst) of coal in ...
Thursday, 23 October 14
THE BEARS, HOWEVER, STILL CRY; FOR HOW LONG WILL IT LAST? - FEARNLEYS
Handy
"We experience a typical oversupply of ships in the Atlantic which causing rates to slide. In the USG it is just enough cargoes to kee ...
Wednesday, 22 October 14
MARKET INSIGHT - THEODORE NTALAKOS, INTERMODAL
ECO designs - revisited
The ECO vessels are already here but the oil and bunker prices are plummeting to their cheapest level since 2010. Is this ...
Wednesday, 22 October 14
CAPESIZE MARKET REMAINED UNDER PRESSURE
COALspot.com: The Dry Bulk market closed on the red for yet another week although following Friday sentiment has started to improve on the back of ...
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- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Planning Commission, India
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
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