Friday, July 27, 2007

De Beers H1 earnings up 5 pct, outlook solid

(Reuters) - De Beers, the world's biggest diamond producer, reported a 5-percent rise in first-half underlying earnings on Friday and said prices and demand of rough diamonds remained solid.

It said underlying earnings in the six months to end-June rose to $324 million thanks to the favourable impact of a reduction in net finance charges and a tax credit.


Read more at Reuters Africa

No comments: