Gem Diamonds shares jump 70% on half-year revenue and earnings growth

Verifying
  • Gem Diamonds reported stronger half-year results and its shares jumped.
  • Revenue increased 32% to $59.7 million, while underlying earnings reached $8.6 million.
  • The company reversed a prior loss and reported higher cash after implementing cost controls.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.