LONDON — Operating profit at De Beers, the diamond miner and seller, rose 112 percent to just over $1 billion in the 2013 fiscal year, boosted by higher revenues, tight cost controls, and favorable exchange rate movements, according to the company's parent Anglo-American plc, a publicly listed company.
The parent company said sales increased 5 percent to $6.4 billion in the twelve-month period. De Beers’ rough diamond price index increased 2 percent, while average, realized rough diamond prices were 5 percent higher.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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