Petra Diamonds presented quarterly results

Petra Diamonds opened its books on September 15, 2023 for the quarter ended June 30, 2023.

With sales of $49.9 million, compared to $178.8 million in the same quarter last year, a decline in sales of 72.09 percent was presented.

In terms of EPS, it reported a loss of $0.187 per share for the fiscal year. Last year, Petra Diamonds generated $0.429 per share.

Petra Diamonds closed the last financial year with a total turnover of USD 325.30 million. This corresponds to a decrease of 44.41 percent compared to the previous year, in which USD 585.20 million was generated.

Analysts had estimated a loss per share of USD 0.098 for the past financial year. On the revenue side, they had expected $328.40 million.

Editorial team finanzen.net

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