You are here

Man Sang Releases Quarterly Earnings Report

Man Sang Releases Quarterly Earnings Report

The Man Sang Group, one of the world’s largest manufacturers of saltwater and freshwater cultured pearls, announced that earnings in the quarter ending June 30 were down 6 percent compared with the same quarter last year. The company cited the tightening economy, high oil prices, and fluctuating gold prices as contributing factors. Gross profit margin increased to 30.7 percent, up 1.1 percent over last year’s figures. Man Sang posted $12.6 million in gross profits.

The price of Man Sang stock has fallen slightly over the past year and a half, after posting record highs in December 2004 and January 2005.

Like this article? Stay up to date with the latest jewelry news

Subscribe to JCK News Daily

Register For

JCK Las Vegas

Friday, June 3 - Monday, June 6, 2016

Register Today!



Glad it could help! Can't wait to see you there, PJ! :)

This was great, Brit -- helped me finally do my calendar of sessions...

The collections of gems shown in this blog is just amazing, meanwhile...

Check out Heera Moti Inc new bridal launch at the JCK Show "HM...

Wow just Wow! Best description of Rona's work, spot on Brittany...