GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Alrosa's revenue under RAS for the first quarter of 2019 decreased by 32% y / y

17 april 2019

alrosa_logo.jpgThe revenue of PJSC ALROSA, ALROSA Group’s head company, under RAS for the Q1 2019 decreased by 32% y / y to 49.4 billion rubles, which was mainly due to a decrease in sales volumes and an increase in sales of small-sized stones, which influenced the average selling prices per carat. These factors also influenced the net profit. In January-March, net profit under RAS amounted to 16.1 billion rubles.
"The decline in financial performance compared to Q1 last year was expected, given the overall market dynamics, which was observed from the second half of last year. Now, the global market is seeing a gradual recovery in demand from the cutting sector (due to the recovery of stocks from cutters) while steady demand for jewelry from polished diamond consumers continues,” said Alexey Filippovsky, Deputy CEO of ALROSA.
IFRS results for the QI 2019 are scheduled to be published in mid-May of this year.