January 27, 2020 / 7:17 AM / 21 days ago

Petra Diamonds first-half revenue drops on lower prices

Jan 27 (Reuters) - Petra Diamonds on Monday said its first-half revenue fell 6%, dented by lower prices as the diamond industry grappled with soft demand from China following a trade dispute with the United States and amid anti-government protests in Hong Kong. Revenue for the six months ended Dec. 31, came in at $193.9 million compared with $207.1 million last year, the African diamond miner said.

Reporting by Shanima A in Bengaluru, Editing by Sherry Jacob-Phillips

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