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Showing posts with the label Sarine diamond technology

Sarine marketing campaign

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Sarine Diamond Journey Japan! Sarine Technologies announces that New Art Cima Ltd. is introducing the Sarine Diamond Journey as a centrepiece of its new marketing campaign and consumer experience. The Sarine Diamond Journey focuses on the story of the diamond from its origin and rough structure until its final polished form. The provided graphic and video depictions provide today's consumers with a unique experience and the full transparency they seek from a respected brand in an intuitive format. The diamond's actual transition through its various stages of cutting, shaping and polishing is chronicled with actual visual imagery captured throughout the manufacturing process by Sarine's cutting edge systems. Sarine's provenance offering is unique in that only it is able to accurately and efficiently provide true high-quality information directly derived from the actual technology utilised during the various processes involved in the manufacture of the mo

Sarine Group revenue rose to 4%

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Yet recurring revenues remained under 50% of 9M revenue! Sarine announced its financial results for the third quarter and nine months ended 30 September 2018. According to the review, as in prior years, demand for capital equipment by diamond manufacturers slowed in Q3.   In addition to this cyclicality, industry sentiments in Q3 2018 were affected by a number of macroeconomic factors, including uncertainties surrounding the impact of trade tariffs on China, credit tightening by Indian banks, increased volatility in foreign exchange rates and uncertainties relating to the long-term effects of the advent of lab-grown diamonds (LGD) into the market. Incidentally, the Group's Q3 2018 results announcement released on 11 November 2018 to the Singapore Exchange discusses this issue at length. It was against this background of challenges that the Group recorded 4% increase in revenue to US$11.7 million in Q3 2018. The improvement was mainly driven by recurring revenu