adro menJANJIkan … 270412

ADRO: Adaro Energy (ADRO) reported 1Q12 results:

* EBIT and net income stand at US$262m and US$127m, up 19.4% and 9.7% yoy. The figure formed 20.8% and 20.1% of EBIT and Net income of FY12 consensus.
* Production volume reached 10.96mT in 1Q12, 3% increase yoy. It forms 20.7% of 2012 production target of 53t. The 1Q figure is normally lower due to rainy season.
* Wara mine, a newer mine, achieved 38% yoy and 17% qoq production growth. This mine is a key contribution to production growth. (ADRO, IndoPremier).



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: