Listen Live
HomeNewsHay River NewsDominion Diamond's sales drop, optimistic of turnaround

Dominion Diamond’s sales drop, optimistic of turnaround

Dominion Diamond Corporation has released its fourth-quarter results, and it includes a major drop in sales.

RELATED: Ekati workers ratify 4-year deal with Dominion Diamond

RELATED: Dominion’s decision to leave Yellowknife an epic fail: Chamber

The company reported sales fell by US$149.7 million over 2016.

- Advertisement -

Profits fell by $40.7 million over the same period.

The company, however, remains optimistic.

Dominion anticipates sales will rise, going up to between US$880 and US$980 million in 2019, and US$900 and US$1 billion in 2020.

- Advertisment -
- Advertisment -
- Advertisement -

Continue Reading

All