ODC sales rise 9% to P3.1 bn

Friday, July 14, 2017

The Okavango Diamond Company (ODC) registered a nine percent rise in revenues to $309 million (P3.1 billion) in the first half of the year.

ODC deputy managing director, Marcus ter Haar told Mmegi BusinessWeek that the company held five auctions since January in which 1.8 million carats of diamonds were sold.

The volumes of carats sold were marginally higher (three percent) than the same period in 2016.

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