Press Release

Adaro Energy’s Net Income Surges 96.5% to a Record US$376 Million
October 31, 2011, 11:10 am
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...
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Adaro Energy Buys an Additional 46% Stake for US$46 Million to Become the Majority Shareholder in PT Bukit Enim Energi
October 18, 2011, 11:16 am
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,...
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Execution of Long-Term Power Purchase Agreement for a New 2GW Coal-Fired IPP Project in Indonesia
October 6, 2011, 11:19 am
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...
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Adaro, Komatsu and United Tractors Launch Bio Diesel Fuel Pilot Project in Indonesia
May 31, 2011, 11:29 am
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...
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1Q11 Adaro Energy’s Net Revenue Increased 12% to US$757 Million Supported by Higher Realised Price
April 29, 2011, 11:31 am
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...
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Adaro Distributes Final Dividend 43.98% of Net Income, the Highest Payout since IPO
April 20, 2011, 11:32 am
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...
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FY10 Adaro Energy Recorded its Second Strongest Year in History with Net Revenue of US$2.7 billion due to 4% Production Growth
March 30, 2011, 11:35 am
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...
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Adaro Energy’s Net Income More than Doubles to a Record US$268 Million in First Half 2011
January 15, 2011, 11:24 am
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...
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Adaro Signs Barging Contracts to Improve Efficiency and Lower Costs
November 18, 2010, 11:38 am
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...
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