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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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- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- VISA Power Limited - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Indika Energy - Indonesia
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