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Thursday, 03 August 17
BUMI RESOURCES COAL SALES RELATIVELY FLAT AT 41.5 MILLION TONS IN 1H' 17; REPORTS US$162.3 MILLION PROFIT IN FIRST SEMESTER
 COALspot.com: The BUMI Resources, Indonesia’s one of the largest coal producer, has reported a net income of $162.3 million in 1H’ 17 compared with a corresponding loss of $20.8 million in 1H’16, or a positive profit swing by $183.1 million, year on year.
- Bumi Reports US$162.3 Million Profit In First Semester
- Positive Profit Swing By US$183.1 Million Yoy
- Consolidated Revenue Increases To US$ 2,344 Million
- Coal Price 37.6% Higher
According to the BUMI’s performance report for the period 1H’ 17, in FY'16, the Company turned around to a net attributable income of $67.7 million.
1H'17 financial highlights on full consolidation basis (including 100% KPC & Arutmin)
- Sales Revenue is $2,344 million
- Operating Income is $473 million
- Profit Before Tax is $545 million
- Consolidated Net Income is $248.1 million in 1H17
- Net Income (after adjustment for noncontrolling interest) is $162.3 million compared with a loss of $20.8 million in 1H16, or a positive profit swing by $183.1 million.
The company further noted that the consolidated numbers are internal estimates of the Company, subject to reconciliation processes.
- Coal mined was higher by 0.9% at 40.2 million tons in 1H'17
- Coal sales relatively flat at 41.5 million tons in 1H'17 compared with 1H'16
- Combined Strip Ratio reduced by 4.5% to 7.2 in 1H'17
However, the company noted that the coal Price increased to $54.8/ton in 1H17 compared with $39.8/ton in 1H16 – or an increase by 37.6%. In 2Q17 the realized Coal Price was $55.8/ton compared with $39.7/ton in 1H16 or an increase by 40.3%. The increase in Coal Price by $15/ton Y/Y resulted in Sales Revenue in $2,344 million in 1H17 – several times higher Y/Y.
The company forecasted that the Coal prices continuing rise and this augurs well for prospects of the Company for the rest of the year.
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Tuesday, 12 September 17
KOMIPO TO IMPORT 2.5 MILLION TONS OF 5700 NAR COAL FOR 5 YEARS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 500,000 Metric Tons of Bituminous ...
Monday, 11 September 17
A PUNCHY WEEK FOR THE BIG SHIPS AS THE RATE FOR WEST AUSTRALIA TO CHINA HIT $8.00 THE FIRST TIME IN NEARLY THREE YEARS - BALTIC EXCHANGE
Capesize
A punchy week for the big ships as the rate for West Australia/China hit $8.00 the first time in nearly three years. A Jiangsu Steamship ...
Monday, 11 September 17
INDONESIAN ICPR SURGES HIGHER, POSTS BIGGEST MONTHLY RISE SINCE DECEMBER 2016, ESDM DATA SHOWS
COALspot.com: Indonesian coal benchmark price surges 9.60% in September, government data showed.
The benchmark price of Indonesian th ...
Monday, 11 September 17
KOMIPO INVITED BIDS FOR TOTAL 6.235 MMT OF 5700 AND 5100 NAR COAL FOR 2017 TO 2022 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,590,000 Metric Tons of Bitumino ...
Monday, 11 September 17
THE FREIGHT MARKET ROSE WEEK OVER WEEK; BCI UP 22.22% & BPI UP 14.77%
COALspot.com: The freight market rose in all segments week over week. Mainly Cape and Panamax have supported to pushed up BDI this past week, BDI, ...
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Showing 1946 to 1950 news of total 6871 |
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- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
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- Global Business Power Corporation, Philippines
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
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- Indian Oil Corporation Limited
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- London Commodity Brokers - England
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- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
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- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
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- Thai Mozambique Logistica
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
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- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
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- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- VISA Power Limited - India
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
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- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
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- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
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- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
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- GAC Shipping (India) Pvt Ltd
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- Jaiprakash Power Ventures ltd
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- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Wilmar Investment Holdings
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
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- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
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- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- White Energy Company Limited
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- Coastal Gujarat Power Limited - India
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