Manufacturers
Petra Diamonds revenues drop 76% despite rise in production
Looking ahead, the group stated that pricing assumptions for the remainder of the year remain unchanged
Petra Diamonds has reported a 76% drop in revenues to $23m (£17.74m) in Q1 FY2025 from $113m (£87.16m) the prior quarter despite a 7% increase in diamond production to 679,625 carats from 636,743 carats in the prior period.
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