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Alrosa gets respite in December quarter

Alrosa saw revenue rise 41% in the December quarter as a slight improvement in diamond market conditions drove higher sales, but a grim macroeconomic outlook for 2020 will present more challenges for the Russian miner.

Alrosa gets respite in December quarter Alrosa gets respite in December quarter Alrosa gets respite in December quarter Alrosa gets respite in December quarter Alrosa gets respite in December quarter

Russia's Alrosa had a better time of it in Q4

Revenue for the quarter amounted to RUB64.6 billion (US$910 million), with sales of gem-quality diamonds up by 52% quarter on quarter to US$880 million.

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