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Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
.jpg) One of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ 1,447.2 million in the same period the previous year.
According to Warta Ekonomi, Arsjad Rasjid, Indika Energy's President Director, said that the main factor was the decline of PT Kideco Jaya Agung income, which amounted to US $ 810 million in the first six months of 2019 compared to US $ 938.8 million in the first semester of 2018, due to weakening of International coal prices.
He further said, the Company's coal sales volume, through Kideco and PT Multi Tambangjaya Utama (MUTU), increased by 556 thousand tons. for the period January to June 2019. Kideco sold 17.5 million tons of coal, an increase of 200 thousand tons year on year. While MUTU sold 764 thousand tons of coal, an increase of 356 thousand tons compared to the first semester of 2018, the report says.
"The performance of the first semester of 2019 reflects our focus on optimizing performance amid the current coal market conditions and global economic pressures," he said, in an official statement in Jakarta on Wednesday (07/31/2019) said Warta Ekonomi.
Where, the Company's gross profit in the first half of 2019 decreased 37.7% to US $ 235.4 million compared to US $ 377.7 million in the same period in 2018. Operating Income decreased to US $ 163.7 million compared to US $ 312 , 1 million in H1 2018.
"The downward trend in coal prices that occurred since last year has an impact on the Company's Financial Report. "We always focus on maintaining production efficiency, controlling operational costs, and optimizing synergies between the Company's business units," he concluded.
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Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and ener ...
Thursday, 17 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country’s ...
Wednesday, 16 October 19
INDIA CALLS FOR A RESET OF CLIMATE DEBATE ON COAL AS A FUEL - LIVEMINT
India on Tuesday called for a reset on climate debate on coal as a fuel, in the backdrop of India becoming one of the top renewable energy producer ...
Wednesday, 16 October 19
LESSONS LEARNT FROM CREW INJURED IN HEAVY WEATHER - UK P&I CLUB COMMENTS
KNOWLEDGE TO ELEVATE
Stuart Edmonston, Loss Prevention at UK P&I Club, discusses an incident in which crew were injured whilst on deck in ...
Wednesday, 16 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with re ...
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Showing 1311 to 1315 news of total 6871 |
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- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Central Electricity Authority - India
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Planning Commission, India
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- VISA Power Limited - India
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Minerals Council of Australia
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
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