08 Dec 2019
DiamondWorld Directory
Home |
News
Home
Charles & Colvard earns good sales in India
Sales in US dip by 65%
By: Diamond World News Service
|
Aug 1 2008 8:39AM
|
Reference: 2880  

DecreaseIncrease

Charles & Colvard Ltd. has reported its financial results to be hit by a decline of 52 percent in net sales for the second quarter ending June 30, 2008. Net sales amounted to $3.6 million, while last year they were valued at $7.6 million in the same quarter.

Region-wise sales showed a mix pattern - US dipped by 65 percent valuing at $2.2 million, contrary to this international sales surged by 13 percent amounting to $1.4 million. The company has earned a good performance in newer markets like India, which has reflected in the increased sales figures for the said quarter.

A net loss of $1.1 million had to be borne in the quarter, while last year the company enjoyed a net income of $529,000 in the comparable three months.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Search News by City
Recent Issue
2019
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 22495
GJEPC Chairman Interview
Views: 20543
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 27733
Promo for IJ Awards 2012 at NDTV Profit
Views: 40667
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 44414
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 17472
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 42546
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 40295
Advertisement
GIA_NEWS
Advertisement
M.Tarun
Member of:
Supporter of: