News

2007 targets for Alrosa

1% above the estimated production figure for 2006

diamond world news service

The 2007 target for Alrosa is 1% above the estimated production figure for 2006.Alrosa�s sales revenue target for the year is $2.898 billion, up 2.4% over 2006. This includes $2.087 billion of rough sales from Alrosa's mines, $657 million from the Nyurba mine, and $153.7 million from cutting and polishing operations.

The sales total from diamond manufacturing for 2006 is estimated at 163.7 million.

After-tax profit for 2007 is targeted at Rb15.8 billion, which is equivalent to $598 million at the current exchange rate. This is up slightly on the Rb15.1 billion profit figure confirmed for 2005.

Capital expenditure for 2007 is fixed at Rb18.95 billion ($718 million). Alrosa's debt is expected to be $1.66 billion by the end of 2007.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

GIA Acquires 2,665-Piece Gem Inclusion Collection Curated Over Six Decades

GJEPC Engages Haryana Exporters on FTA Opportunities at Gurugram Workshop

Nita Ambani’s Rs 15 Crore Wallace Chan Brooch Puts Titanium High Jewellery in Focus

India-Belgium Diamond Industry Ties Discussed During Brussels Meeting

Zen Diamond Opens Jaipur Store, Targets 100 Outlets Across India in Five Years