March 15 (Reuters) - Gem Diamonds Ltd reported on Wednesday a 47 percent fall in its full-year pretax profit, hurt by an impairment charge after it mothballed the Ghaghoo mine in Botswana due to a fall in diamond prices.
The company recorded an impairment provision
of $176.5 million after its move last month to place the Ghaghoo mine under care and maintenance with immediate effect.gem riverside quận 2
Diamonds, which mines diamonds from the Letseng
mine in Lesotho and the Ghaghoo mine in Botswana, said its full-year pretax profit fell to $52. If you adored this article and you would like to receive more info relating to GemRiverside dat xanh
nicely visit the internet site. 4 million from $99 million, a year earlier. (Reporting by Justin George Varghese in Bengaluru; Editing by Amrutha Gayathri)