Press Release

Adaro Energy’s Net Income Increases 124% To US$552 Million; Record Contribution to Nation Building With Corporate Income Tax Of US$450.5 Million
March 27, 2012, 11:02 am
PT Adaro Energy Tbk (IDX: ADRO) today announces its financial performance for fiscal year ended December 31st, 2011. Our net income increased 124% to US$552 million and basic earnings per share 123% to US$0.01721. Net income benefited from strong production volume growth, robust average selling...
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Adaro Energy Completes JORC Report for Mustika Indah Permai, Coal Reserves Estimated at 272.6 Million Tonnes
March 22, 2012, 11:04 am
PT Adaro Energy Tbk (IDX – ADRO) is pleased to announce the Australasian Joint Ore Reserves Committee (“JORC”) Compliant Coal Resources and Reserves estimates for its subsidiary PT Mustika Indah Permai (“MIP”) property located in the Kabupaten of Lahat, South Sumatra....
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Adaro Clarifies Regarding Misinformation In Media
February 2, 2012, 11:06 am
PT Adaro Energy Tbk (IDX: ADRO) would like to clarify with regards to some recent coverage in the local media about our potential net income for 2011 and this year, this is a misquote, please recall that our financial statements for 2011 are still being audited and they will be issued on March 30....
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Adaro Energy’s Net Income Surges 96.5% to a Record US$376 Million
October 31, 2011, 11:14 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’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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