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Gem Diamonds' Profit +57% to $33M in 2014
Wednesday, March 18, 2015 2:12:03 PM America/New_York
Published March 17, 2015 8:31 AM
Gem Diamonds reported that revenue jumped 27 percent year on year to $270.9 million for the 12 months that ended on December 31. Cost of sales rose 26 percent to $129.6 million. Profit improved 57 percent to $33.2 million or 24 cents per share. The board approved a first dividend for shareholders of 5 cents per share for a total of $6.9 million payable on June 9.
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Posted By Diamond District