Brief: Petra Diamonds Sees FY25 Total Carats Recovered 2.8-3.1 Mcts

Petra Diamonds

16/07/2024 07:01

July 16 (Reuters) - Petra Diamonds Ltd  PDL.L :
    * PETRA DIAMONDS: DURING FY, CARATS SOLD INCREASED BY 36%,
WITH
REVENUE RISING BY 13%
    * PETRA DIAMONDS: QTRLY REVENUE, INCLUDING REVENUE FROM
PROFIT
SHARE ARRANGEMENTS, AMOUNTED TO US$113 MILLION
    * PETRA DIAMONDS: CURRENT DIAMOND MARKET WEAKNESS IS
EXPECTED TO
CONTINUE THROUGH TO END OF CALENDAR YEAR
    * PETRA DIAMONDS: EXPECT DIAMOND PRICES TO SHOW MODEST
RECOVERY IN
NEW YEAR WITH MARKET FUNDAMENTALS PROVIDING PRICING SUPPORT IN
MEDIUM AND LONGER-TERM
    * PETRA DIAMONDS: SEES FY25 TOTAL CARATS RECOVERED 2.8-3.1
MCTS

Source text for Eikon:  ID:nPRrG5892a 
Further company coverage:  PDL.L 

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