Andrey Zharkov, CEO of PJSC ALROSA, commented: “The recovering demand for diamonds has driven up sales volumes and reduced the remaining diamond inventories. Cost control measures have allowed to keep production costs growth rate at the minimum level. The threefold growth in the net cash flow and net profit of the Company creates enough liquidity to increase dividend payments to the shareholders and early debt repayment”.
In 2015, the company produced 38.3 million carats of rough diamonds; 2015 revenue was RUB 224.5 billion.
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