JAKARTA-World coal prices which is currently heating up, bringing blessings to the coal companies, not the exception of PT Adaro Energy Tbk (ADRO). The company was able to record revenues of U.S. $ 757.2 million during the first three months of this year, up 11.7% over the same period last year amounted to U.S. $ 678 million.

This increase is sustained increase in average selling price of coal ADRO at 16.3%. No doubt, net income ADRO participate terkerek 11.3% to U.S. $ 108.9 million. Actually if there is no increase in selling prices and foreign exchange, might this year ADRO suffered decline in net income, given the volume of production declined by 6.8% from 11.36 million tons to 10.6 million tonnes.

The decrease also occurred in sales volumes fell 4.8% to 10.91 million tons in the 1st quarter of 2011. Management reasoned ADRO pre-stripping activities (pre-stripping) and pengedapan water (waterproofing) carried out in dry season in 2009 to make the volume of production in the 1st quarter of last year high.

Though this year's production target ADRO between 46 million to 48 million tonnes. But President Director ADRO Garibaldi Thohir believe if the targets will be met. "We entered this year with a good and well on track to achieve the target of 2011 and implementing strategies to create sustainable added value of Indonesian coal," he said.