US EditionA growing concern » TheVoiceBW
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A growing concern » TheVoiceBW
Lucara’s revenue continues to drop Lucara Diamond Corp has expressed doubt about its ability to continue as a going concern*. The shock revelation comes amidst yet another drop in diamond sales, with an increased reliance on limited funding sources raising pressure on the company’s cash flow and working capital. In the first quarter of 2025, revenue dropped to P413.4 million from P538.9 million a year earlier, driven by lower carat sales and a s…
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