Chow Tai Fook (CTF), the Hong Kong-based jeweler with over 7,500 stores across mainland China, has reported record high revenue and core operating profits for the year to 1 March (FY 2024). Revenue was up 18.5 per cent (at a constant exchange rate basis) to US$14.1bn (HKD 108bn), the company said as it celebrated its […]

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Petra Diamonds sold fewer carats but achieved higher prices earlier this month at its fifth tender of FY 2024, boosted by the sale of an $8.2m blue diamond. The UK-based miner achieved an average $136 per carat on sales of 362,000 carats for $49m. Like-for-like figures for its fourth tender, in February, were $112 per […]

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