298
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters
Published
Aug 26, 2009
Download
Download the article
Print
Text size

Gem Diamonds first half profit falls, says all debt repaid

By
Reuters
Published
Aug 26, 2009

Aug 26 (Reuters) - Gem Diamonds Ltd (GEMD.L) posted a 31 percent fall in first-half pretax profit on lower revenue, and said it still remained cautious on the U.S. market.


Gems from Gem Diamonds Ltd's Ellendale, Australia, operations - Photo: www.gemdiamonds.com

However, the London-headquartered diamond producer said on Wednesday 26 August it saw a growth in demand for diamonds from China.

"At the retail end of the chain, demand for diamond wedding jewellery remains strong in the Middle East, Asia and the United States," Chief Executive Clifford Elphick said in a statement.

For the six months ended June 30, the company posted a pretax profit of $17.2 million, compared with a profit of $25.2 million last year. Revenue fell 29 percent to $117.8 million.

The group had gross cash of $120.5 million and no debt at end-June.

Shares of Gem Diamonds, whose assets are spread across nine countries, closed at 260 pence on Tuesday 25 August on the London Stock Exchange.

(Reporting by Tresa Sherin Morera in Bangalore; Editing by Jarshad Kakkrakandy)

© Thomson Reuters 2024 All rights reserved.