Gemfields

Gemfields expects its H1 headline loss per share in USD to be USDc 0.6, a 25% decrease. It expects revenues of $51.9m from Kagem and $68.7m from MRM for the period, both down year-on-year. Fabergé generated $6.6m in revenue, also lower compared to 2023. After a write-down of its Sedibelo Resources stake, Gemfields expects a H1 24 net profit of $13.7m, down from $18.1m in H1 23.
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