GREY:SWYDF - Post by User
Post by
landlubberon Jul 26, 2011 11:47am
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Post# 18873702
De Beers net earnings soar
De Beers net earnings soarDiamond firm De Beers sees net earnings soar
Diamond mining group De Beers said on Tuesday that "exceptional"sales had nearly tripled net earnings in the first half to £423 million($694 million), up from £155 million ($255 million) in the first half of2010.
The world's top diamond producer said it had registered total salesof £2.4 billion ($3.9 billion) in the six months to June 30, up from£1.8 billion ($3.0 billion) the year before.
"Sales during the period have been exceptional, driven mainly bycontinued growth in the Middle East, Indian and Asian retail markets andtheir impact on rough price growth,"
(full article)
https://uk.news.yahoo.com/diamond-firm-beers-sees-net-earnings-soar-102930526.html