LONDON — Profits and sales at De Beers SA, a division of Anglo American, saw double-digit declines in 2012 in what the company described as a year of "challenging" trading conditions, with tough comparisons against the previous 12-month period.
De Beers, which was fully acquired by the mining giant Anglo American last year, said Friday that underlying profits fell 49 percent to $506 million. The figure refers to profit for the financial year attributable to equity shareholders and before special items and adjustments. De Beers did not break out net profit for the 12-month period.
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