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Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as revenue in the 3rd quarter, up 13.31% year-on-year. BUMI has recorded US$ 587.88 million as revenue in the same period last year.
According to the BUMI's financial report as of September 31, 2021, Bumi Resources and its subsidiaries' income have increased. Revenue from coal sales by BUMI and its subsidiaries reached US$ 657.94 million in quarter 3, an annual growth of 12.40% compared to last year's US$ 585.33 million.
The financial report further noted that, Coal sales have contributed 98.8% of the total revenue of BUMI and its subsidiaries as of end of September 2021. The company's revenue from coal exports has increased to US$ 328.9 million, up 27.49% YoY.
In the same period, domestic coal sales by BUMI and its subsidiaries increased 0.51% on an annual basis to US$ 329.04 million.
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Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
In 2020, total consumption of fossil fuels in t ...
Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...
Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and de ...
Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology
Japan is continuing to push its expensive c ...
Sunday, 11 July 21
COAL SHOWS ITS STAYING POWER AS ECONOMIES BOUNCE BACK - THE WALL STREET JOURNAL
Coal use is surging in some of the world’s largest economies as electricity demand rebounds from the pandemic, illustrating the challenges to ...
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- Eastern Coal Council - USA
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