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AIM-listed precious stones producer Gemfields reported record revenue in 2022, as demand rallied in the wake of the pandemic, but it warned that the picture for 2023 may be more difficult.
Gemfields reported revenues of US$341 million in 2022, up by 32% year-on-year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 25% to $166 million in 2022.
Gemfields sees strong demand for Zambia gems
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