PT Adaro Energy Tbk (IDX: ADRO) is pleased to announce that consolidated unaudited net income for the nine months ended September 30th 2011 nearly doubled to a record US$376 million. Our nine month 2011 (9M11) basic earnings per share increased 97% to US$0.01176. Net income benefited from...

PT Adaro Energy Tbk (IDX – ADRO) is pleased to announce that on October 14th, 2011, its subsidiary, PT Alam Tri Abadi (“ATA”), signed a deed of transfer shares to acquire a 46% interest in PT Bukit Enim Energi (“BEE”) for US$46 million from Lucky Star Corporation,...

Electric Power Development Co., Ltd. (headquartered in Chuo-ku, Tokyo; Masayoshi Kitamura, President; hereinafter “J-POWER”), PT ADARO POWER, which is a wholly owned subsidiary of PT. ADARO ENERGY Tbk. (IDX: ADRO; headquartered in Jakarta, Indonesia; Garibaldi Thohir, President...

PT Adaro Energy Tbk (President Director: Garibaldi Thohir) (“Adaro”), Komatsu Ltd. (President & CEO: Kunio Noji) (“Komatsu”), and PT United Tractors Tbk (President Director: Djoko Pranoto) (“UT”) have launched Bio Diesel Fuel*1 (“BDF”) Pilot...

PT Adaro Energy Tbk (IDX – ADRO) is pleased to announce unaudited consolidated net revenue for three-months period ended March 31, 2011 increased 11.7% to a record US$757.2 million due to a 16.3% higher average selling price. Profit increased despite the 6.8% and 4.8% decline in production...

PT Adaro Energy Tbk (The Company) (IDX : ADRO) held its Annual General Meeting of Shareholders (AGMS) and Extraordinary General Meeting of Shareholders (EGMS) today at the Ritz-Carlton Hotel, Mega Kuningan, in Jakarta. The AGMS and EGMS were attended by the Company’s shareholders and...

PT Adaro Energy Tbk (IDX: ADRO) today announced that consolidated audited net revenue for the year ended December 31st, 2010 increased 4.9% to US$2.72 billion. The increase is attributed to the 4% and 6% increase in production and sales volumes respectively, despite the 3% decline in average...

PT Adaro Energy Tbk (IDX: ADRO) is pleased to announce that consolidated auditor-reviewed net income for the first-half ended June 30th 2011 rose two-fold to a record US$268 million. Our first-half basic earnings per share (EPS) increased 104% to US$0.0084. The strong net income was bolstered by...

Adaro Energy is pleased to announce its wholly-owned subsidiary PT Adaro Indonesia has signed three new innovative long term coal barging contracts today, which will strengthen the barging segment of the coal supply chain and lower freight rates by an estimated 15%. The deals were done to support...