Alrosa Prices Up 5% in Q1June 21, 12
The Russian diamond giant's supply to the market was slightly up year-over-year. Compared to the fourth quarter of 2011, sales volume increased 60.5 percent.
Revenue from rough diamond sales increased 27 percent to $1.05 billion (34.5 billion rubbles).
Gem-quality diamonds accounted for 64 percent of total sales volumes in carats and 98 percent in value.
Alrosa credited the results to strong performance on the back of stable production.