Sapphire Group said its annual profit plunged to $1.4 billion in the second quarter as a rise in the price of diamonds caused the group to lose money.The loss, which was also reflected in its revenue, was the largest quarterly loss since 2010.Analysts had expected the loss to be less, but said the company has …
Sapphire Group: Diamonds have been ‘lost’ for decades, but its a different story for sapphires
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