. The majority owner of the Kagem emerald mine in Zambia, and the Montepuez ruby mine in Mozambique saw all three of them book record revenue in 2022. It recorded $74.3 million in profit, up 14%.
On Tuesday, it reported on the results of its most recent ruby auction - it wasn't a record but its shares still lifted 6% at one point, though it eased in afternoon trade. Both diamonds and coloured stones should benefit from the continued booming demand for luxury goods since 2019, with the rich seemingly recession-proof.Who would have thought pre-2020 that a pandemic would be good for suppliers of luxury goods and building materials and bad for hospital stocks?European company to exceed $500 billion in market value in 2023. Richemont has also smashed records, and the company said in May demand is still growing.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Transaction Capital gets funding for car financing businessOwner of WeBuyCars and SA Tax signs funding deal for Gomo, its vehicle-financing business
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
La source: News24 - 🏆 4. / 80 Lire la suite »
La source: News24 - 🏆 4. / 80 Lire la suite »
La source: News24 - 🏆 4. / 80 Lire la suite »