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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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Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
- Hard coal remains an important factor for security of supply - Increase of around 35% in hard-coal-fired power generation in the first three ...


Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...


Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...


Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...


Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...


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