Harry Winston Diamond Corp. (HW.TO: News , HWD), Wednesday reported second-quarter net profit attributable to shareholders to $10.0 million or $0.12 per share, compared to $13.0 million or $0.17 per share last year.

On average, four analysts polled by Thomson Reuters expected earnings of C$0.15 per share for the quarter. Analysts' estimates usually exclude one-time gains and losses.

Sales for the quarter grew to $222.4 million from $153.7 million last year.

Mining segment sales grew 3 percent to $89.6 million from last year, helped mainly by a 41 percent increase in achieved rough diamond prices during the quarter, offset by a 27% decrease in volume of carats sold.

Luxury brand segment sales nearly doubled to $132.8 million from $66.9 million in the comparable quarter last year.