Gemfields Group Limited provided earnings guidance for the year ended December 31, 2020. For the year, the company net loss after tax will be USD 93.2 million for the year ended 31 December 2020 compared to a net profit after tax of USD 39.1 million for the comparative period. In ZAR terms, the net loss after tax is expected to be ZAR 1,535 million (ZAR 565 million net profit after tax for the comparative period). Loss per share is expected to be 7.0 cents for the year ended 31 December 2020 compared to earnings per share of 2.0 cents for the comparative period. In ZAR terms, the loss per share is expected to be ZAR 1.20 (ZAR 0.32 earnings per share for the comparative period).