Home / Knowledge / News / Fashion / Aber Diamond Corp approves dividend of US $1 per share

Aber Diamond Corp approves dividend of US $1 per share

10
Jun '05
Canadian diamonds mining & marketing company ABER DIAMOND CORPORATION announced the first quarter results for the period ended April 30, 2005. The Board of Director's has approved an increase in the common share dividend to US $1.00 per share per annum.

Commenting on Aber's results, Chairman and Chief Executive Officer Robert Gannicott stated, "Operational efficiencies at Diavik have continued to deliver increases in diamond production. Work has also started on the development of both the A-418 open pit and an underground mine to access all three of the existing orebodies. Both our mining and retail segments have performed well over the quarter in a diamond market that continues to strengthen for our core products. The dividend increase reflects the confidence of both management and the Board in Aber's strong financial position, prospects for the future and our strategy of returning surplus cash to shareholders."

Thomas O'Neill, Aber's President and Chief Executive Officer of Harry Winston added, "Harry Winston has performed well in a seasonally slow period. The results were driven by sales of high-end price points and unique one-of-a-kind jewelry on a growing base of more modestly priced jewelry. Worldwide watch sales and jewelry sales growth in Japan have also contributed to our strong operating results".

Click here to see the results:


Must ReadView All

Pic: Pexels/Hugo Heimendinger

Textiles | On 25th Feb 2021

Vietnam's growth outlook linked to response to new

Vietnam’s growth prospects will depend on how well and quickly its...

Pic: Puma

Apparel/Garments | On 25th Feb 2021

Puma reports sales of €5.2 bn in FY20

Puma, a Germany-based manufacturer of athletic and casual footwear,...

Pic: Zalando

E-commerce | On 25th Feb 2021

Zalando expands online store Zircle to Sweden & Denmark

Zalando has expanded Zircle, a webshop dedicated to consumers looking ...

Interviews View All

Rahul Bhadani, Looksgud

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

DP Kumar,

DP Kumar

Weaves is South India's premier textile fair organised by Texvalley in...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Nuria Estape,

Nuria Estape

Archroma is a global colour and specialty chemicals company headquartered...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search