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Alrosa cups
Strong Market Drives Alrosa Sales
Alrosa’s revenue rose in the first quarter, driven by animproved product mix and higher average selling prices. Revenue grew 14% year on year to $1.52 billion (RUB 94.89billion) for the three months ending March...
Mining May 17, 2018 Rapaport News
Alrosa Jubilee mine
Revenue and Profit Decline for Alrosa
Alrosa’s revenue and profit fell in 2017, due to a shift to lower-value rough-diamond sales, and a weaker dollar. Revenue for the year declined 14% to $4.68 billion (RUB269.71 billion), while profit slipped 41% to $1.36 billion...
Mining Mar 18, 2018 Rapaport News
bulgari lvmh
LVMH's Jewelry Division Operating Profit +91% to $227M
LVMH reported that revenue rose 19 percent year on year to $18.5 billion (EUR 16.71 billion) in the first half of 2015. However, organic growth, based on a comparable structure and constant-exchange rates, rose only 6 percent, meaning...
Financial-Legal Jul 28, 2015 Rapaport News
tourbillon
Swatch Group's 1H Sales +2%, Profit -19%
Swatch Group's sales rose 2.2 percent year on year to $4.4 billion (CHF 4.192 billion) during the first half of 2015. Profit fell 19.4 percent to $572 million (CHF 548 million). In the company's watches...
Watches Jul 16, 2015 Jeff Miller
Rockwell Diamonds
Rockwell Diamonds' 1Q Revenue -39%, Loss Widens to $65M
Rockwell Diamonds' revenue fell 39 percent year on year to $9.2 million in the first quarter that ended on May 31. Rough diamond sales dropped 14 percent to $8.3 million and beneficiation revenue fell 83 percent to about $900,000....
Mining Jul 14, 2015 Jeff Miller
tiffany store
Tiffany & Co.'s Sales -5%, Profit -17% in 1Q
Tiffany & Co.'s revenue fell 4.9 percent year on year to $962.4 million in the first quarter that ended on April 30. Same-store sales fell 7 percent. Cost of sales declined 6.9 percent to $393.4 million and...
Financial-Legal May 27, 2015 Jeff Miller
van cleef arpels
Richemont's FY Revenue +4%, Profit -36%
Richemont's revenue increased 3.9 percent year on year to $11.5 billion (EUR 10.41 billion) in the year that ended on March 31. Sales measured at constant-exchange rates rose 1 percent. Revenue from the retail division rose...
Financial-Legal May 22, 2015 Jeff Miller
sothebys small
Sotheby's Reduces Expenses, Improves Profit in 1Q
Sotheby's reported that revenue fell 0.7 percent year on year to $155.7 million in the first quarter that ended on March 31. However, the auction house lowered expenses 10.1 percent to $137.3 million. Profit attributable...
Financial-Legal May 11, 2015 Jeff Miller
blue diamond
Petra's Revenue -41% to $96M in 3Q
Petra Diamonds reported that revenue fell 41 percent year on year to $96.1 million in the third quarter that ended on March 31. The company sold 826,815 carats during the period, representing a 9 percent decline. Production...
Mining Apr 16, 2015 Jeff Miller
tiffany store
Global Economic Challenges Impact Sales at Tiffany & Co.
Tiffany & Co.'s sales fell 1 percent year on year to $1.3 billion during the fourth quarter that included the Christmas season and ended on January 31. Same-store sales were flat. Measured on a constant-exchange-rate basis,...
Financial-Legal Mar 20, 2015 Jeff Miller
pandora
Pandora's 4Q Profit +36%, Ring Sales Double
Pandora reported that revenue rose 40.4 percent year on year to $607 million (DKK 3.961 billion) in the fourth quarter that ended on December 31. Gross margin as a percentage of sales improved to 71.6 percent compared with...
Financial-Legal Feb 17, 2015 Jeff Miller
faberge
Gemfields' 2Q Production Jumps, Sales Fall at Fabergé
Gemfields plc reported that emerald and beryl production rose 48.7 percent year on year to 5.8 million carats in the second fiscal quarter that ended on December 31. Operating costs jumped 61.1 percent to $11.6...
Gemstones Feb 17, 2015 Jeff Miller
Rockwell
Rockwell's 3Q Revenue +59%, Loss Widens to $5M
Rockwell Diamonds, a junior alluvial diamond miner, reported that revenue increased 59 percent year on year to $15.8 million (CAD18.9 million) during the third quarter that ended on November 30. Sales were given a boost from...
Mining Jan 14, 2015 Ronen Shnidman
moisannite
Charles & Colvard's Revenue -34%, Loss Widens to $3M
Charles & Colvard Ltd. reported that sales plummeted 34 percent year on year to $4.5 million in the third quarter that ended on September 30. Revenue from the moissanite maker's U.S. division fell 9 percent to $3.5...
Financial-Legal Nov 17, 2014 Jeff Miller
Shrenuj Botswana Diamond Factory
Shrenuj & Co.'s Revenue +21%, Profit +14% in 1H
Shrenuj & Company Ltd. reported that revenue jumped 21 percent year on year to $426.2 million (INR 26.2 billion) for the first half of the fiscal year that ended on September 30. Profit improved 14 percent...
Financial-Legal Nov 13, 2014 Jeff Miller
tara jewels
Tara Jewels' Sales Increase, Profit Slips in 2Q
Tara Jewels Ltd. reported that sales, excluding bullion, rose 7.4 percent year on year to $62.6 million (INR 3.85 billion) in the second quarter that ended on September 30. Net profit slipped 3.6 percent...
Financial-Legal Nov 13, 2014 Jeff Miller
pandora
Pandora's Revenue +26%, Profit +19% to $121M
Pandora Jewelry's revenue jumped 26.2 percent year on year to $475 million (DKK 2.845 billion) in the third quarter that ended on September 30. Sales by unit volume rose 15.7 percent and the average price...
Financial-Legal Nov 11, 2014 Jeff Miller
TBZ Marketing
TBZ's Revenue +32%, Profit -84%
Tribhovandas Bhimji Zaveri (TBZ) Ltd. reported that revenue rose 32.1 percent year on year to $69.4 million (INR 4.26 billion) in the second quarter that ended on September 30. The company's profit, however, plunged...
Financial-Legal Nov 04, 2014 Jeff Miller
blue nile diamonds
Blue Nile's Revenue +7%, Profit -43% in 3Q
Blue Nile Inc. reported that sales rose 6.9 percent year on year to $105.8 million in the third quarter that ended on September 28. Cost of sales increased 8.3 percent to $86.9 million and income plummeted...
Financial-Legal Oct 30, 2014 Jeff Miller
bulgari lvmh
LVMH's Jewelry, Watch Sales +2%
LVMH reported that revenue rose 4 percent year on year to $27 billion (EUR 21.4 billion) for the nine months that ended on September 30. The watches and jewelry segment recorded growth of 2 percent at $2.5...
Financial-Legal Oct 14, 2014 Jeff Miller
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