Namibia: Covid-19 Takes Bite Out of Diamond Firm's Profit

[New Era] Namib Desert Diamonds (Namdia) full year profit after tax amounts to N$13.3 million, which is down by 86% from the prior year's N$95.2 million. The company's performance from the sale of rough diamonds amounts to a profit after tax of N$44.2 million, mainly as a result of the state of the diamond market in times of the Covid-19.
Source: AllAfrica News: Health and Medicine - Category: African Health Source Type: news