Petra Diamonds Ltd (STU:FPO)
€ 0.296 0 (0%) Market Cap: 65.53 Mil Enterprise Value: 291.17 Mil PE Ratio: 0 PB Ratio: 0.28 GF Score: 39/100

Full Year 2022 Petra Diamonds Ltd Trading Statement Call - Morning Session Transcript

Jul 19, 2022 / 08:30AM GMT
Release Date Price: €1.16 (+4.50%)
Richard Duffy
Petra Diamonds Ltd - CEO

Good morning, everybody. We are delighted that you're able to join us for Petra's fourth quarter and financial year end June 30, 2022, trading update call. I will begin by discussing our operating performance and the diamond market before handing over to Jacques, our CFO, who will cover the key financial points. We will focus mainly on full year numbers, commenting on Q4 itself. We think it is helpful. Both sets of quarter four and financial year 2022 numbers are provided in the announcement. After taking you through our announcement, we'll open up for Q&A. Please also note that we will be recording this call and it will be available on our website later today.

Let's begin with safety, which is our number one priority. We are very pleased with our much improved safety performance in financial year 2022. Our lost time injury frequency rate of 0.21 for the year, improved by 52% from 0.4 for last year. Lost time injuries are about 44% to 14 for the year. And these were of low severity and must be behavioral in nature. This improving trend supports the

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