GABORONE, Feb. 20 (Xinhua) -- Rough diamond trading conditions remained challenging throughout 2025 amid persistent industry, geopolitical and tariff uncertainty, according to a report of De Beers Group published on Friday.
A lower average rough price index and stock rebalancing initiatives had a significant impact on earnings, resulting in an underlying loss of 511 million U.S. dollars in earnings before interest, taxes, depreciation and amortization, Niranjan Mylvaganam, the group's chief financial officer of diamond trading, said during the 2025 financial results media roundtable in Gaborone, the capital of Botswana.
