News

Sarin posts $14.3 million revenues in Q2’10

Sales to India rise 206% y-o-y

diamond world news service

Sarin Technologies ended its second quarter on June 30, 2010, with revenues worth $14.3 million which increased almost four times than revenues in the same quarter last year. The company recorded rise in sales across its global reach. Its major market India posted a 206 percent rise in sales y-o-y to $11.6 million.

Net profit was worth $4.6 million, a good improvement from the $900,000 loss posted in the same quarter last year. In the period ahead, the company plans expanding and opening new service centers in southern Africa and Russia.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Gemfields' November 2024 Emerald Auction Yields $16.1 Million Amid Market Challenges

NDC and Jos Alukkas Unite to Elevate the Natural Diamond Market

GIA Board of Governors Welcomes Lisa Bridge and Dr. Wendy Bohrson as New Members

Marie Antoinette’s Historic Diamond Necklace Fetches $4.8 Million at Auction

Princess Margaret's Sapphire and Emerald Ring to Be Auctioned