Gemfields 1H 2026 net loss widens to USD 98.54 million; revenue rises 65% to USD 106.01 million
Bitget2026/09/30 06:03- Gemfields posted revenue of USD 106 million for the six months to June 30, 2026, up 65% year over year.
- Net loss widened to USD 98.54 million, while loss from operations deepened to USD 100.67 million.
- Loss attributable to owners widened to USD 73.5 million, and loss per share increased to 4.3 US cents.
- Management said first-half performance was difficult, citing continued shortage of premium ruby recoveries at Montepuez Ruby Mining.
- It said the second processing plant at Montepuez Ruby Mining is largely operational, though it is too early to judge sustainability.
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