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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, 05 September 17
COAL: A STRONG MOVEMENT IN THE COAL MARKET OVER THE SUMMER MONTHS - GEORGE LAZARIDIS
We have been witnessing a strong movement in the coal market over the summer months something that has not only helped boost prices for the commodi ...
Friday, 01 September 17
U.S COAL OUTPUT DIPS WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 31 August 17
SUPRAMAX: INDO TO CHINA COAL TRIPS AT AROUND $9000, DELIVERY THAILAND - FEARNLEYS
Supramax
A bit slow start to the week with UK holidays on Monday. Still strong rates for cargoes out of Black Sea, where front hauls where done $ ...
Tuesday, 29 August 17
WEEKLY SHIPPING MARKET ANALYSIS - ALLIED
In the aftermath of Hurricane Harvey, one of the worst disasters to hit Texas, we are now looking to get a clearer picture of the possible disrupti ...
Tuesday, 29 August 17
U.S WEEKLY COAL OUT UP 3.4% WEEK OVER WEEK TO APPROX. 17 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tonne ...
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Showing 1956 to 1960 news of total 6871 |
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- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- White Energy Company Limited
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- PTC India Limited - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
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