Company Data
| Last traded |
R3.80 |
| Change |
R0.00 |
| % Change |
0.00% |
| Cumulative volume |
0 |
| Market cap |
R183.96m |
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Johannesburg - Alluvial diamond miner
Rockwell Diamonds [JSE:RDI] on Friday reported a net profit for the second quarter of its financial year, proving that a turnaround was underway.
The company reported a net profit of C$2.0m for the three months to end August after posting a net loss of C$1.2m in the three months to end May, its first quarter.
The second quarter profit reflects an improvement of C$9.1m from the comparable quarter last year.
Rockwell Diamonds president and CEO James Campbell said profit improvement was underpinned by strong cash flows from operations.