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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, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...
Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...
Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...
Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected
If India keeps installing solar capacity a ...
Saturday, 16 October 21
DESPITE HIGHER COAL PRICES, U.S. COAL RECOVERY LOOKS WEAK BY MOST MEASURES - IEEFA
U.S. coal sector is locked into a long-term sectoral decline
Coal prices have surged to the highest level in years in the U.S., and have soare ...
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