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Harry Winston Diamond Corporation

09:51 AM EST - Harry Winston Diamond Corporation : announced its third-quarter Fiscal 2013 results for the quarter ending October 31, 2012. Consolidated sales increased 51% to $180.4 million for the third quarter compared to $119.7 million for the comparable quarter of the prior year. Operating profit was $10.3 million compared to an operating loss of $2.0 million in the comparable quarter of the prior year. Earnings Before Interest, Taxes, Depreciation and Amortization increased 64% to $34.8 million compared to $21.2 million in the comparable quarter of the prior year. Consolidated net profit attributable to shareholders for the third quarter was $3.4 million or $0.04 per share compared to net loss attributable to shareholders of $4.7 million or $0.06 per share in the comparable quarter of the prior year. Included in the prior year period net loss was an $8.4 million (or $0.10 per share) after-tax paste plant de-recognition charge. Harry Winston Diamond Corporation
shares T.HW are trading up $0.01 at $14.14.