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Alrosa's revenue plummets as sales deferred

Russian diamond major took a huge hit in second quarter.

Tom Hoskyns

The company's revenue for Q2 amounted to RUB 10.4 billion (US$141 million), with diamond sales down by 92% year-on-year to 0.6 million carats. Net profit for the quarter plummeted 98% year-on-year to RUB...

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