Yes, manufacturing costs are in line with September quarter.
A bit surprising to see such a volatility quarter on quarter, while the volume of harvest is more stable (manufacturing probably reflects also things than just harvest).
Too bad that they did not use this opportunity to give more explanations regarding unit prices which went from 34.20 $ in Q1 to 35.70 $ in Q2 and then 50.22 $ in Q3. That's really a big jump quarter on quarter.
Would be interesting to understand if it just reflects the increase of market prices (cf what you said on diamond prices) or it can be something else, like a mix improvement (selling more to retail customers on line ?).
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- Ann: March 2022 Quarterly Update and Appendix 4C
Ann: March 2022 Quarterly Update and Appendix 4C, page-19
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