Monday, 26th January 2015

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City News

FTSE 250 movers: Petra Diamonds falls short of full-year profit expectations

Thu, 1st Jan - * Diamond mine operator Petra Diamonds was trading lower after announcing that it may not meet analysts' expectations for full-year profits. Sales jumped by 16% in the first six months of the year to reach $214.8m. The increased sales in the period were in part thanks to the sale of two exceptional diamonds for a combined revenue of $38.7m.

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