Willamette Valley Vineyards has posted a strong rise in net profits for its second quarter.

The Oregon-based wine producer said today (14 August) that net profits for the three months to the end of June leapt by 61% on the corresponding quarter a year earlier to US$253,784, on the back of a lift in sales to $4.1m from $3.9m.

Operating profits also performed well, climbing to $457,924 from $265,176.

For the first six months of the year, net profits almost doubled, rising by 93% year-on-year to $418,940. sales for the half-year were up slightly, at $7.7m from $7.3m. Operating profits also soared, hitting $773,284 from $385,507.

Willamette Valley credited higher sales nationally, better inventory control and lower independent auditor costs for the strong performance.

"Even in a down economy, consumers are willing to pay for Oregon quality," said company founder and CEO, Jim Bernau.

For Willamette Valley's Q1 results, click here.