De Beers H1 Revenue Plummets 21% To $2.2 Billion – Solitaire International Magazine
Free
- Location: Mumbai, Maharashtra, India
Diamond mining giant De Beers announced its financial results for the first half of 2024, revealing a challenging operating environment marked by softening demand and increased competition from lab-grown diamonds.
The company reported a 21% decline in total revenue to $2.2 billion compared to $2.8 billion in the same period last year. Rough diamond sales also fell 20% to $2.0 billion from $2.5 billion previously.
De Beers attributed the revenue drop to a 22% decrease in rough diamond sales volume to 11.9 million carats. While the average realised price remained relatively stable at $164 per carat, the overall market conditions impacted the bottom line.
If you need further information, please visit the following link: https://gjepc.org/solitaire/de-beers-h1-revenue-plummets-21-to-2-2-billion/
Useful information
- Avoid scams by acting locally or paying with PayPal
- Never pay with Western Union, Moneygram or other anonymous payment services
- Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
- This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"
Related listings
-
Engage Your Audience with Bitsy Displays' Outdoor LED ScreensOther Services - Mumbai (Maharashtra) - 29 Jul, 2024 03:37 PM Check with seller17
Engage your audience with Bitsy Displays' outdoor LED screens, designed to deliver vibrant, high-resolution visuals in any weather condition. Our outdoor LED screens offer exceptional brightness, clarity, and durability, making them perfect for adver...
-
Confined Space Ventilator - Saurya SafetyOther Services - Mumbai (Maharashtra) - 29 Jul, 2024 12:35 PM Check with seller15
Are you in need of a reliable solution for ventilating confined spaces? Look no further! Our high-performance confined space ventilator is designed to provide optimal airflow and ensure the #safety and comfort of your workers in enclosed environments...
-
Trusted Canada Immigration Consultant for Express EntryOther Services - Pune (Maharashtra) - 27 Jul, 2024 08:16 PM Free55
Looking to move to Canada? Visa4You's expert Immigration Consultants are here to guide you through the Canada Express Entry process. We provide personalized support to ensure a smooth and successful application. Trust our experienced team to make you...
