Press Release

Adaro Energy’s EBITDA Margin and Liquidity Stand Strong in the Midst of Challenging Coal Market Conditions
April 29, 2013, 10:17 am
PT Adaro Energy Tbk (IDX: ADRO) announced today unaudited financial statements for the first quarter ended March 31st, 2013. Our net revenue decreased 19% year over year (y-o-y) to US$740.6 million from US$915.9 million as lower coal prices were reflected in our average selling price. Our EBITDA...
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Adaro Energy Hits Target, Delivering 2012 EBITDA of US$1.1 Billion
March 20, 2013, 10:27 am
PT Adaro Energy Tbk (IDX: ADRO) announced today audited consolidated financial statements for the fiscal year ended December 31, 2012 (FYE12). Our net revenue decreased 6.6% year over year (y-o-y) to US$3,722 million from US$3,987 million due to decreased sales volumes and lower average selling...
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Adaro Energy Distributes Final Cash Dividend of US$117.07 Million
January 19, 2013, 10:22 am
Jakarta, April 19th, 2013 – PT Adaro Energy Tbk (“Company”) (IDX: ADRO) held its Annual General Meeting of Shareholders (AGMS) today at Balai Kartini, Jakarta. The AGMS was attended by the Company shareholders and achieved the quorum required by prevailing laws and...
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Adaro Receives Gold PROPER Award
December 4, 2012, 10:43 am
At the Grand Ballroom of Shang‐rila Hotel of Jakarta, on Monday, 3rd December 2012, PT Adaro Indonesia, the Kalimantan‐based coal mining subsidiary of PT Adaro Energy Tbk., received the Gold Proper Award (an award dedicated to environme ntal management) from the Ministry of Environment. With...
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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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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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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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9M10 Adaro Energy Recorded 6% Increase in Net Revenue to US$2.0 Billion Due to 12% Production Growth
October 28, 2010, 11:41 am
PT Adaro Energy Tbk (IDX: ADRO) today announces consolidated unaudited net revenue for the nine month period ended 30thSeptember 2010 increased 6% to US$1.98 billion due to a 12% growth in production despite the 7% lower average selling price. Adaro Energy’s production and sales volumes in...
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Adaro Energy’s Net Revenue Increases 12% to US$1.3 Billion due to Solid Increase in Production Growth
August 30, 2010, 11:42 am
PT Adaro Energy Tbk (IDX: ADRO) today announces consolidated auditor-reviewed net revenue for the six-month period ended June 30th, 2010 increased 12% to US$1.3 billion due to solid production growth despite high levels of rainfall, which exceeded the five-year average. Adaro Energy’s...
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Shell Inaugurates its Pulau Laut Fuel Terminal in South Kalimantan
August 27, 2010, 11:45 am
Shell in co‐operation with Indonesia Bulk Terminal (IBT) officially opened its Pulau Laut Fuel Terminal in South Kalimantan today. This new facility together with Shell’s other fuel terminals in Pendingin and Gresik, will provide a strong supply network to serve the mining and industrial...
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Adaro Energy and BHP Billiton Finalize Joint Venture Arrangements For The Indonesian Coal Project (Maruwai)
May 27, 2010, 11:46 am
PT Adaro Energy Tbk (IDX – ADRO) is pleased to announce the formation of the new joint venture for the Indonesian Coal Project (ICP) with BHP Billiton, following confirmation of outstanding Government approvals. Adaro has acquired a 25 per cent interest in the ICP joint venture for US$335...
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Adaro Energy Records Strong 1Q10 Production and Sales Volume Increases
April 30, 2010, 11:50 am
PT Adaro Energy Tbk (IDX – ADRO) is pleased to announce unaudited consolidated net revenue in the three month period ending March 31st, 2010 increased 21% to a record US$ 677.9 million, due to increased production and sales volumes, despite a lower average selling price. In Rupiah terms, due...
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Adaro Distributes Final Dividend Amounting to Rp543.76 billion
April 23, 2010, 11:53 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 Four Seasons Hotel in Jakarta. The AGMS and EGMS were attended by the Company’s shareholders and achieved the quorum...
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