Yahoo Finance Gem Diamonds First Half 2023 Earnings: US$0.007 loss per share (vs US$0.026 profit in 1H 2022)
Gem Diamonds (LON:GEMD) First Half 2023 Results
Key Financial Results
Revenue: US$71.8m (down 28% from 1H 2022).
Net loss: US$991.0k (down by 126% from US$3.76m profit in 1H 2022).
US$0.007 loss per share (down from US$0.026 profit in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gem Diamonds Earnings Insights
Looking ahead, revenue is forecast to grow 1.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.
Performance of the British Metals and Mining industry.
The company's shares are down 2.8% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Gem Diamonds you should be aware of, and 1 of them doesn't sit too well with us.
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