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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.

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

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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.

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