Annual Results For The Year Ended 31 December 2018
Date25 Mar 2019
Shareholders are informed that Pallinghurst’s Annual Results for the year ended 31 December 2018 is now available.
“The year to 31 December 2018 has been the first full financial reporting period for the reshaped Gemfields Group Limited (“GGL” or “the Company”), now a fully operating mining and marketing group focused on supplying precious coloured gemstones from Africa to global markets.
The Gemfields assets surpassed US$200 million of turnover for the first time thanks to record revenues from our gemstone auctions and from Fabergé. Combined with the proceeds from the Jupiter IPO, our balance sheet has strengthened considerably.”