3 Dec 2010 12:39

Alrosa targets production of 34.4 mln carats of diamonds in 2011; revenue - $3.56 bln

MOSCOW. Dec 3 (Interfax) - Alrosa expects to produce 34.438 million carats of diamonds in 2011, the company said in a statement.

The production target is contained in the 2011 budget proposal that the Alrosa management board has submitted to the supervisory board.

Revenue next year is targeted at $3.526 billion, 3.2% more than projected for 2010, including $3.366 billion revenue from diamond sales (2.2% more). Net profit will amount to 10.542 billion rubles.