Sarine Technologies

Precision Technology Products for Diamond and Gem Processing

Industrial Technologies
Public on Singapore Exchange on Mar, 2005<br>Public on TASE on Jul, 2021<br>
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Company Overview

Snapshot

Founded in November 1988, Sarine Technologies operates with 201–500 employees. The company became publicly listed on the Singapore Exchange in March 2005 and subsequently on TASE in July 2021, marking significant milestones in its market presence.

Business overview

Sarine Technologies specializes in developing, manufacturing, marketing, and selling precision technology products for the global diamond and gem industries. Its core offerings include tools for the planning, processing, evaluation, and measurement of diamonds and gems, such as the DiaExpert Edge for 3D modeling and Sarine Connect for showcasing diamonds and jewelry. The company also provides technologies for analyzing rough diamonds, with products like Galaxy Tension, Solaris 100, and Galaxy 1000, alongside software solutions such as Advisor for rough diamond planning and Instructor for polished diamond grading. Sarine Technologies serves the diamond and gem industries, aiming to enhance accuracy and efficiency in their operations.

Strategic signal

In January 2022, Sarine Diamond Journey traceability and AI-driven grading solutions were adopted by Boucheron, a luxury jewelry house. This adoption signals a significant market validation for Sarine's advanced technologies in enhancing transparency and standardization within the high-end jewelry sector, suggesting a growing trend towards AI-powered solutions for diamond grading and provenance.

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Company Intelligence Q&A

When did Sarine Technologies become a public company?
Sarine Technologies became publicly listed on the Singapore Exchange in March 2005 and subsequently on TASE in July 2021.
What significant product adoption did Sarine Technologies announce in 2022?
In January 2022, Sarine Diamond Journey traceability and AI-driven grading solutions were adopted by Boucheron.
What was a key operational expansion for Sarine Technologies in 2020?
In November 2020, Sarine Technologies opened a Rough Diamond Center in Dubai.
What acquisition did Sarine Technologies make in 2016?
In June 2016, Sarine Technologies acquired Diamining, a company specializing in diamond scanning and planning solutions.
What was Sarine Technologies' financial performance for the full year 2023?
Sarine Technologies reported a loss of US$0.008 per share for the full year 2023, compared to a US$0.025 profit in FY 2022.
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