Gemfields Group Limited provided earnings guidance for the six months ended June 30, 2020. Gemfields is reasonably certain that its net loss after tax will be USD 56.7 million for the six months ending 30 June 2020 compared to a net profit after tax of USD 12.4 million for the six months ending 30 June 2019. Loss per share is expected to be 4.0 US cents for the six months ended 30 June 2020 compared to earnings per share of 1.0 US cents for the comparative period. Excluding the impairment charge against the Fabergé intangible asset (and including the fair value loss against Sedibelo), the headline loss per share is expected to be 3.0 US cents for the six months ending 30 June 2020 compared to headline earnings per share of 1.0 US cents for the comparative period.