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Petra improves financial position

Higher production boosts revenue, weaker rough diamond prices impact EBITDA

Jacqueline Holman
Petra improved production in the first half of the 2019 financial year

Petra improved production in the first half of the 2019 financial year

Petra reported a net loss of US$57.9 million after tax for the period, excluding KEM JV and Helam, an improvement on the restated $117.7 million loss seen over the 2017 July-December period. It declared...

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