Bulgari’s second quarter of 2010 ended June 30, 2010, with a net profit worth $793,000 as compared to loss worth $14.8 million in the same three months last year. Also, group revenues were up 12 percent to $322.7 million, of which jewellery sales made up 47 percent.

Sale of jewellery increased 18 percent to $151.2 million, of watches was down by 1 percent to $61.7 million, perfume and cosmetics rose23 percent to $75.2 million, while accessories rose 7.7 percent to $24.7 million. The company also noted slight growth in its remaining businesses including hotel and royalties.

The first half of the year saw revenues rising 12 percent to $585.8 million and jewellery sales by 15 percent to $267.6 million. Net loss stood at $10.2 million, reducing considerably from $53.5 million in first half last year. Region-wise, sales rose 45 percent in Asia including Japan, in Europe by 34 percent, the America’s by 14 percent and Middle East by 7.3 percent.