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Petrosea Allocates USD112Mn Capex in FY18

By administrator | January 5, 2018 | Mining.

Petrosea, Tbk (PTRO:IJ) has allocated capital expenditure (capex) amounting to USD112Mn, in FY18, up by 22% YoY from FY17 capex of USD92Mn. The increase in FY18 capex is due to many mining contracts to be done in.

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Adaro Announces IDR1.35Trn Interim Dividend

By administrator | January 5, 2018 | Mining.

Adaro Energy, Tbk (ADRO:IJ) has announced IDR1.35Trn of dividends or equivalent with IDR42.25 per share. Since Adaro’s books is in USD, it was translated to IDR using the median currency exchange from Bank Indonesia of.

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Elnusa Allocates IDR400Bn Capex

By administrator | January 4, 2018 | Mining.

Elnusa, Tbk (ELSA:IJ) has allocated IDR400Bn of capital expenditure (capex) in 2018. This will mostly be used to buy equipments for offshore activities. For 2017, its targeting to book IDR3.98Trn of revenues or up by 10% from 2016, after booking IDR3.3Trn in.

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Mining SOE Holding Allocates IDR17Trn Capex for FY18

By administrator | December 22, 2017 | Mining.

Mining SOEs holding allocates IDR17Trn capital expenditure (capex) for FY18 where the largest Bukit Asam, Tbk (PTBA:IJ) will receive the largest allocation. Currently, holding members of state owned enterprise (SOE)s are discussing the capital expenditure’s source of.

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Bukit Asam’s Capex Allocation of IDR6.5Trn in 2018

By administrator | December 15, 2017 | Mining.

Bukit Asam, Tbk (PTBA:IJ) has prepared a variety of expansion for next year, such as coal and power plant development. While, the source of capital expenditure (capex) funding will be combined between cash loans from other parties, since the company will.

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Timah Set Capex of IDR2.6Trn in 2018

By administrator | December 15, 2017 | Mining.

Timah, Tbk (TINS:IJ) has determined the allocation of capital expenditure (capex) for next year. Capex will be focused on investments in the field of mining, both land or sea mines, and investing activity for foundries or smelters. Company ensured the production will be greater than the targets this year of 35,000 tons. The increase in.

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Dwi Guna Coal Production of 6 Million Tons in 2018

By administrator | December 14, 2017 | Mining.

Dwi Guna Laksana, Tbk (DWGL:IJ) aiming for coal production year 2018 reach 6 million metric tons. Whereas, this year production is expected to reach 3 million metric tons. Currently, the companies oversell and send coal for the domestic market. In addition to the focus on coal production, company also increase the revenue from the service.

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Perdana Karya Plan to Attract Three New Projects in 2018

By administrator | December 14, 2017 | Mining.

Perdana Karya Perkasa, Tbk (PKPK:IJ) is planning to get three new projects on next year. There are blanket fabrication and construction service contract, and blanket construction service from Santos. In addition, the company is also aiming for contract drilling location preparation of Greatwall Drilling Asia.

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Samindo Resources’s Capex to Increases 343%

By administrator | December 13, 2017 | Mining.

Samindo Resources, Tbk (MYOH:IJ) allocates USD13.8Mn capital expenditure (capex) in FY18. One of the factor causing capex surge was due to the acquisition of Indika Energy, Tbk (INDY:IJ) on Kideco Jaya Agung. Indika asks Kideco to produce more coal in FY18 while at the same time, Kideco became.

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Aneka Gas Targeting Revenue Growth Above 10%

By administrator | December 12, 2017 | Mining.

Aneka Gas Industri, Tbk (AGII:IJ) targeting its revenue could be above 10% by the year 2018, since a 70% of share of revenue came from long-term contracts with a period of 5-years to 15-years. Currently, company still rely on the retail sector, infrastructure, and the hospital as a major contributor of revenue. The share of.

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