Press Release

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: 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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