Riyadh – Mubasher: Lazurde Company for Jewelry announced the launch of the 14 karat gold jewelry line in the Middle East for the first time on 2 August 2016 after obtaining all require regulatory approvals.
The production line does not require addition machines or equipment, a bourse statement on Sunday revealed, adding that the same existing manufacturing lines, which have excess capacity in Egypt will be used.
The financial impact of the 14 karat new collection will be reflected in the first quarter of 2017, according to the statement.
