Monday, 8 August 2016

SGX Stock Tips : Sarine's 2Q earnings more than double on higher revenue .


SINGAPORE (Aug 8): Sarine Technologies' earnings for 2Q more than doubled to US$6.04 million ($8.13 million), or 1.73 US cents a share, from US$2.68 million a year ago.

The manufacturer of diamond evaluation and cutting systems says the stronger bottom-line came on the back of higher revenue due to stable demand in the mid-stream diamond industry.

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