PT Golden Energy Mines Tbk
BII Plaza Tower II, 27th Floor
Jl. MH. Thamrin No.51 Jakarta Pusat 10350 Phone: (62) 88 1110 9999 Fax: 31990319 Website: www.goldenenergymines.com
Media Release
GEMS increase production of 67%
Jakarta, 31 August 2012 - PT Golden Energy Mines Tbk. (the “Company”), part of the Sinarmas Group announced its HY 2012 results today. The Company reported a
67% YOYincrease in its production from
1.8 mmt in HY 2011 to 3.0 mmt in HY
2012. Revenues grew 69% from Rp1,238 bio
in HY 2011 to Rp 2,092 bio in HY 2012. However the Profits after Tax slipped from Rp163 bio in HY2011 to Rp146 bio in HY 2012.
Commenting on the half year’s performance, the President Director Mr. Fuganto Widjaja said : “The Company achieved the planned ramp up in production during the period. However the steep drop in coal prices and the increasing cost of production impacted the profitability of the business. While we hope that this situation is not going to be a prolonged one, nevertheless cost rationalization measures are being initiated across the various units to cope with the challenging market scenario. Capital expenditure programmes are being phased keeping the market scenario in mind.”
He added that “The fact that GEMS is a debt
free company is putting us, we believe, in a
relatively better shape to deal with the change in market dynamics”.
It may be recalled that the Company successfully completed its Initial public offering (IPO) in November 2011 and raised Rp 2,206 bio.
Media Release
Produksi GEMS naik sebesar 67%
Jakarta, 31 Agustus 2012 - PT Golden Energy Mines Tbk. (“Perusahaan”), bagian dari Sinarmas Group mengumumkan hasil laporan keuangan tengah tahunan pada hari ini. Perusahaan melaporkan peningkatan produksi sebesar 67% dari 1,8 juta ton di tengah tahun 2011 menjadi 3 juta ton di
tengah tahun 2012. Pendapatan meningkat
69% dari Rp. 1,238 miliar di tengah tahun 2011 menjadi Rp. 2,092 di tengah tahun 2012. Namun, Laba setelah Pajak turun dari Rp. 163 miliar di tengah tahun 2011 menjadi Rp. 146 miliar di tengah tahun 2012.
Sehubungan kinerja tengah tahun ini, Bapak Fuganto Widjaja, Presiden Direktur Perusahaan mengatakan : “Perusahaan telah berhasil mencapai peningkatan produksi sesuai dengan yang direncanakan selama periode tersebut. Namun, penurunan tajam pada harga batubara dan peningkatan biaya produksi berpengaruh dalam profitabilitas usaha ini. Sementara ini, kami berharap agar kejadian ini tidak berlangsung lama, langkah rasionalisasi atas biaya sedang dimulai di berbagai unit untuk mengatasi skenario pasar yang penuh tantangan. Program pengeluaran modal sedang dibentuk agar dapat sejalan dengan perkembangan pasar. “
Dia menambahkan bahwa “ Fakta GEMS merupakan perusahaan yang bebas dari
hutang, kami percaya, menempatkan kami
dalam keadaan yang lebih baik untuk menghadapi perubahan pasar yang semakin dinamis”.
PT Golden Energy Mines Tbk
BII Plaza Tower II, 27th Floor
Jl. MH. Thamrin No.51 Jakarta Pusat 10350 Phone: (62) 88 1110 9999 Fax: 31990319 Website: www.goldenenergymines.com
On July 13, 2012, the Company established its new subsiadiary named GEMS Coal Resources Pte. Ltd. in Singapore. This new subsidiary is intended to support the business activites of the Company in overseas coal trading activities.
At a glance PT Golden Energy Mines Tbk
PT Golden Energy Mines Tbk. is engaged in trade services of mining and mining services. When it was established on March 13, 1997 the Company was named PT Bumi Kencana Eka Sakti.
The name changed from PT Bumi Kencana Eka Sakti into PT Golden Energy Mines Tbk occurred on November 16, 2010.
The Company is the holding company of 10 subsidiaries. Eight subsidiary companies engaged in mining of thermal coal calorie value ranges between 5200-6100 kcal / kg (adb). Mining project site is located entirely in Indonesia, spread in Jambi, South Kalimantan and Central Kalimantan. Mining project area of 8 subsidiaries of the Company covering 38, 165 hectares.
Pada 13 Juli 2012, Perusahaan mendirikan anak perusahaan baru bernama GEMS Coal Resources Pte. Ltd. di Singapura. Anak perusahaan baru ini diharapkan dapat mendukung aktivitas kegiatan usaha Perusahaan dalam kegiatan jual beli batubara di luar negeri.
Sekilas PT Golden Energy Mines Tbk
PT Golden Energy Mines Tbk bergerak di bidang jasa perdagangan hasil tambang dan jasa pertambangan. Ketika berdiri pada 13 Maret 1997 Perseroan bernama PT Bumi Kencana Eka Sakti.
Perubahan nama dari PT Bumi Kencana Eka Sakti menjadi PT Golden Energy Mines Tbk terjadi pada tanggal 16 November 2010.
