Press Release

Adaro Energy Posts Net Income of US$346.5 Million Amid Challenging Coal Market
October 31, 2012, 10:45 am
PT Adaro Energy Tbk (IDX: ADRO) announced today unaudited consolidated financial statements for the nine months ended September 30, 2012 (9M12). Our net revenue decreased 5.8% year over year (y-o-y) to US$2,755 million from US$2,925 million due to decreased sales volumes from difficult market...
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Adaro Energy Seeks to Improve Efficiency and Preserve Its Healthy Balance Sheet: EBITDA Margin of 34.6% and Liquidity of US$1.0 Billion in 1H12
August 30, 2012, 10:47 am
T Adaro Energy Tbk (IDX: ADRO) announced today consolidated auditor-reviewed financial statements for the first half ended June 30th, 2012. Our net revenue increased 9.1% to US$1,931 million as average selling price (ASP) improved year over year (y-o-y). Our EBITDA grew 4.4% to US$667.5 million...
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JPower-Adaro-Itochu Consortium (of Which Adaro Energy is a Member) Receives Letter of Intent for a New 2,000 MW Coal-Fired IPP in Indonesia
June 20, 2012, 11:28 am
PT Adaro Energy Tbk (IDX: ADRO) (headquartered in Jakarta, Indonesia; Garibaldi Thohir, President Director) (“ADARO”), Electric Power Development Co., Ltd. (headquartered in Chuo-ku, Tokyo; Masayoshi Kitamura, President) (“J-POWER”), and ITOCHU Corporation (headquartered in...
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Adaro Plans To Buy Controlling Stake In Bhakti Energi
May 30, 2012, 1:25 pm
Link to article: http://www.gfmag.com/latestnews/latest-news-old.html?newsid=1.385123E7 JAKARTA -(Dow Jones)- Coal company PT Adaro Energy (ADRO.JK) said Wednesday it has signed a pact to acquire a controlling stake in unlisted coal miner PT Bhakti Energi Persada. Adaro said in a...
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Adaro Energy Signs Three-Year Option Agreement to Lend Funding and Acquire Controlling Interest in Coal Miner PT Bhakti Energi Persada
May 30, 2012, 10:48 am
PT Adaro Energy Tbk (“company”) (IDX : ADRO) is delighted to announce that on May 28th, 2012 in Jakarta, it entered into an option to provide a convertible loan for a period of three years (referred to below as Option One), to acquire a controlling interest in coal miner PT Bhakti...
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Adaro Energy’s Barging Subsidiary MBP Secures a US$160 Million Seven-Year Bank Loan
May 3, 2012, 10:54 am
PT Adaro Energy Tbk is pleased to announce its wholly owned subsidiary PT Maritim Barito Perkasa (“MBP’), a barging company, secured a US$160 million, seven year (5.75 year average life), bank loan from a group of ten foreign banks. Announcing the transaction, which drew US$915 million...
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PT Adaro Energy Tbk is the first company in Indonesia to implement Microsoft SQL Server 2012
May 3, 2012, 10:51 am
PT Adaro Energy Tbk, Indonesia’s second largest thermal coal producer, operator of the largest single coal mine in Indonesia, and a significant supplier to the domestic and global seaborne thermal coal market, has chosen to implement Microsoft SQL Server 2012, the next version of...
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Adaro Energy Distributes Final Cash Dividend US$259.09 Million, the Highest Dividend since IPO
April 27, 2012, 10:56 am
Jakarta, April 27th, 2012 – PT Adaro Energy Tbk (“company”) (IDX : ADRO) held its Annual General Meeting of Shareholders (AGMS) today at the Ritz-Carlton Hotel, Mega Kuningan, in Jakarta. The AGMS was attended by the company’s shareholders and achieved the quorum...
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Adaro Energy Posts a Solid Start to 2012 as Net Income Increases 12% to US$122 Million
April 26, 2012, 10:59 am
PT Adaro Energy Tbk (IDX: ADRO) announced today unaudited financial statements for the first quarter ended March 31st, 2012. Our net revenue increased 21.0% to US$916 million as sales volume and the average selling price (ASP) improved year over year (y-o-y). Net income grew 11.8% to US$122...
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