Sarine Technologies Reports Loss of $0.2 Million

MT Newswires

2024/11/18

Sarine Technologies (SGX:U77) posted a net loss of $0.2 million during the January to September period, according to a filing with the Singapore Exchange on Sunday.

With retail prices dropping, the company booked a revenue of $30.6 million.

The diamond manufacturing and retail company expects near-term pressures in the market but expects to expand its lab-grown diamond services in 2025.

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