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PDLMF / Petra Diamonds sets out plans to regain its sparkle as first half revenues and earnings drop

Petra Diamonds sets out plans to regain its sparkle as first half revenues and earnings drop
Petra Diamonds Limited, the owner of the historic Cullinan Mine in South Africa, said it is expecting a pickup in progress after revenue growth was stalled in the first six months by a drop in production. It was also hit by a lack of exceptional stones, though this streak was broken in the first weeks of the second half after it uncovered two blue diamonds sold for US$7mln and US$2mln respectively. Read More
Posted: Feb 21 2023, 03:34
Author Name: Proactive Investors
Views: 092110

PDLMF News  

Petra slips as diamonds auctioned early on India import ban

By Proactive Investors
October 6, 2023

Petra slips as diamonds auctioned early on India import ban

Shares in Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) slipped by almost 7% on Friday morning as the company announced it had auctioned off stock earli more_horizontal

Petra Diamonds sees 'stronger' demand from major jewelry brands in its fourth tender of FY23

By Kitco
March 15, 2023

Petra Diamonds sees 'stronger' demand from major jewelry brands in its fourth tender of FY23

(Kitco News) - Petra Diamonds (LSE: PDL) today announced the results of its fourth tender of FY 2023, at which 505,398 carats were sold for a total of more_horizontal

Petra Diamonds underlying profits above forecast, suggests Peel Hunt

By Proactive Investors
February 21, 2023

Petra Diamonds underlying profits above forecast, suggests Peel Hunt

Petra Diamonds' underlying profits were slightly above forecast at US$77.4mln in the six months to December, said broker Peel Hunt with the beat comin more_horizontal

Petra Diamonds sets out plans to regain its sparkle as first half revenues and earnings drop

By Proactive Investors
February 21, 2023

Petra Diamonds sets out plans to regain its sparkle as first half revenues and earnings drop

Petra Diamonds Limited, the owner of the historic Cullinan Mine in South Africa, said it is expecting a pickup in progress after revenue growth was s more_horizontal

Petra Diamonds annual revenue up 44% on U.S. demand for gems

By Reuters
July 19, 2022

Petra Diamonds annual revenue up 44% on U.S. demand for gems

Petra Diamonds on Tuesday reported a 44% jump in full-year revenue to $585.2 million, driven by higher gem prices, an increase in exceptional stones a more_horizontal

Petra Diamonds sparkles as annual revenues grow by 44%

By Proactive Investors
July 19, 2022

Petra Diamonds sparkles as annual revenues grow by 44%

Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) said expects the strong market fundamentals that underpinned its 2022 performance to continue as it posted more_horizontal

Petra Diamonds reaches operations agreement with Tanzanian gov't

By Kitco
December 13, 2021

Petra Diamonds reaches operations agreement with Tanzanian gov't

(Kitco News) - Terms of the agreement include a reduction of Petra's indirect shareholding from 75% to 63% and consequently increasing the Government more_horizontal

Petra Diamonds reaches operations agreement with Tanzanian gov't

By Kitco
December 13, 2021

Petra Diamonds reaches operations agreement with Tanzanian gov't

(Kitco News) - Terms of the agreement include a reduction of Petra's indirect shareholding from 75% to 63% and consequently increasing the Government more_horizontal


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