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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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Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...


Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...


Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...


Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
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Monday, 01 November 21
COAL PRICES HAVE FURTHER ROOM TO DROP: TOP ECONOMIC PLANNER - GLOBAL TIMES
China’s top economic planner said coal prices have further room to drop on Friday, as the most traded coal futures dropped to below 1,000 yua ...


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