Gem Diamonds reports ‘strong’ FY results

March 15, 2016

Responsive image

Despite a challenging year for the diamond mining industry, Aim-listed Gem Diamonds on Tuesday reported a “strong” set of results for the 2015 financial year. Underlying earnings before interest, taxes, depreciation and amortization decreased by 2% year-on-year to $103.5-million, while earnings a share rose 26% year-on-year to $0.30 apiece and attributable profit increased 57% year-on-year to $52-million.

Category: General