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