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ALROSA's revenue in the first quarter amounted to $ 1,16 billion
ALROSA's revenue in the first quarter amounted to $ 1,16 billion from the sale of rough and polished diamonds. Sales revenue grew by 28%.
As the "NedraDV", the company has increased its financial performance due to strong demand for its products. Most of the cash - $ 1,13 billion - came from the sale of diamonds and grinding powders. Revenue from the sale of polished diamonds increased almost one and a half times and reached $ 33 million.
According to Yevgeny Agureev, Deputy General Director of ALROSA, stocks of finished products in the industry are at a comfortable level, while stocks of rough diamonds are approaching low values. Thus, the company continues to pursue a balanced sales strategy of maintaining balance by meeting real demand.