Alrosa sees Q2 profits reach £3.1bn amid ‘stronger’ sales

Revenue for the period also increased by 3% qoq to RUB 94bn (£9.5bn) and was primarily driven by a recovery in like-for-like rough diamond prices (7%), a better sales mix and also by ‘robust sales’ of polished diamonds

Alrosa has reported that net profit for Q2 climbed 26% QOQ to RUB 30.2bn (£3.1bn) from RUB 24bn (£2.4bn) the previous year as the group experienced a stronger return on sales.

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