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...
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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