Gem Diamonds Limited reported sales results for the fourth quarter and year ended 31 December 2021. For the quarter, the company's 24,790 carats were sold during the Period (third quarter 2021: 29,783 carats), generating revenue of USD 50.0 million and achieving an average price of USD 2,018 per carat (third quarter 2021: USD 1,589 per carat).

For the year, the company's 109,697 carats have been sold for the year (11% higher than 2020: 99,172 carats), achieving an average price of USD 1,835 per carat (2020: USD 1,908 per carat). The revenue of USD 201.3 million against USD 189.1 million a year ago.