Petra Diamonds earned $37.9 million in profit, after tax, in the six month period ending December 31, 2009. The figure reflects a vast improvement for the mining company, which had reported $88 million in losses for the same period last year.
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LVMH Moët Hennessy Louis Vuitton recorded a revenue of €17.1 billion ($23.31 billion) in 2009. The luxury products group suffered a 1 percent decline in revenue and 13 percent drop in profit compared to 2008. The Watches & Jewelry segment suffered a severe blow, declining to €764 million ($1.04 billion).
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