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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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Thursday, 10 August 17
ANOTHER ACTIVE WEEK FOR THE PANAMAXES WITH INCREASING RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
Both basins have remained fairly flat, could say slightly to the negative. A quiet start of the week in the Pacific with holidays in Sin ...
Wednesday, 09 August 17
THE KEY IMPORTERS OF U.S. COAL FOR THE FIRST FIVE MONTHS OF 2017 ARE THE NETHERLANDS, INDIA AND JAPAN - PETER SAND, BIMCO
US seaborne coal exports have turned years of negative growth around and seem to be climbing for a third quarter in a row. The increase in total vo ...
Wednesday, 09 August 17
INDONESIAN COAL PRICE REFERENCE INCREASE COULD CONTINUE IN THE COMING MONTHS
COALspot.com: Indonesian coal benchmark price rose 6.36% in August, government data showed.
The benchmark price of Indonesian thermal ...
Wednesday, 09 August 17
COAL HAS GAINED AROUND 40% OVER THE PAST TWELVE MONTHS; IRON ORE HAS MOVED FROM AROUND $50/T IN AUGUST 2016 TO OVER $70/T TODAY - INTERMODAL
During the summer’s peak, and with the markets remaining relatively quiet, we can argue that most markets have built solid foundations to enj ...
Tuesday, 08 August 17
THE BULLISH RIDE CONTINUES ON FOR THE IRON ORE MARKET - GEORGE LAZARIDIS
The bullish ride continues on for the iron ore market, with most in the market now eyeing the possibility for further gains to be had as Chine ...
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Showing 1976 to 1980 news of total 6871 |
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- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
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