Brief: Petra Diamonds Does Not Propose Dividends For FY2024

Petra Diamonds

24/09/2024 07:04

Sept 24 (Reuters) - Petra Diamonds Ltd  PDL.L :
    * PETRA DIAMONDS: BELIEVE PRICES WILL STABILISE THROUGH TO
END OF
CY 2024 WITH SOME IMPROVEMENT EXPECTED IN CY 2025
    * PETRA DIAMONDS: NO DIVIDENDS PROPOSED FOR FY 2024,BOARD
WILL
REVIEW THIS AGAIN IN FY 2025
    * PETRA DIAMONDS: SEES DIAMOND PRICES TO SHOW MODEST
RECOVERY IN
NEW YEAR WITH MARKET FUNDAMENTALS PROVIDING PRICING SUPPORT IN
MEDIUM AND LONGER-TERM
    * PETRA DIAMONDS: SOME STABILISATION IN DIAMOND PRICES IS
EXPECTED
IN LAST QUARTER OF CY 2024 ON BACK OF SEASONALLY HIGHER DEMAND

Source text for Eikon:  ID:nPRrO2556a 
Further company coverage:  PDL.L 

 ((Reuters.Briefs@thomsonreuters.com;))