Adaro Energy update: Coaltrade Services - Coal Marketing
Friday, February 1 2013 - 09:18 AM WIB
The following is an edited excerpt from IDX-listed energy firm PT. Adaro Energy 's quarterly report released on Friday. (ed)
Coaltrade is based in Singapore and acts as a coal trading agent to AI for export sales in specific countries. In 4Q12, Coaltrade?s total coal sales decreased y-o-y. In order to meet its sales commitment to its customers and promote AI?s coal, Coaltrade purchased more coal from AI than from third parties. (end of edited excerpt)
| Actual | Quarter on Quarter | |||||
| Units | 4Q12 | 3Q12 | % Change | 4Q11 | % Change | |
| Total coal sales | Mt | 1.53 | 1.22 | 25% | 1.64 | -7% |
| Coal purchased from Adaro | Mt | 1.53 | 0.88 | 74% | 1.42 | 8% |
| Others | Mt | - | 0.34 | -100% | 0.22 | -100% |
| FY12 vs. FY11 | ||||
| Units | FY12 | FY11 | % Change | |
| Total coal sales | Mt | 4.83 | 5.96 | -19% |
| Coal purchased from Adaro | Mt | 3.61 | 2.35 | 54% |
| Others | Mt | 1.21 | 3.61 | -66% |