Sunday Standard De Beers swings to $189m loss as demand slumps De Beers reported a $189 million EBITDA loss for the first half of 2025, down from a...
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- SUNDAYSTANDARD.INFO - A la Une - 03/Aug 19:49
De Beers swings to $189m loss as demand slumps
Sunday Standard De Beers swings to $189m loss as demand slumps De Beers reported a $189 million EBITDA loss for the first half of 2025, down from a $300 million profit a year earlier, as weak diamond demand and lower prices forced production cuts and spending curbs. Revenue declined 13 percent to $1.95 billion, while the average rough diamond price fell 5 percent to $155 per […] The post De Beers swings to $189m loss as demand slumps first appeared on Sunday Standard and is written by Sunday Standard Reporter
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