Sarine Technologies Ltd., a leader in precision technology for the diamond and gemstone industry, reported revenues of US$15.3 million for the first half of 2025, down 30% year-on-year, as global demand for natural diamonds remained under pressure from lab-grown alternatives and weak consumer sentiment in China.<\/p>\n
Despite the revenue drop, Sarine posted positive cashflow and limited its net loss to US$0.2 million, supported by cost-cutting measures, relocation of manufacturing to India, and growing adoption of its recurring-revenue services such as the Most Valuable Plan (MVP) and GCAL grading labs. EBITDA for the period stood at US$1.6 million.<\/p>\n
Sarine highlighted continued erosion in lab-grown diamond prices, prompting some US retailers to reassess their LGD offerings. The company expects stable natural diamond demand at current levels, but noted that recently imposed 50% US tariffs on Indian diamond exports could disrupt the market ahead of the year-end season.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sarine Technologies Ltd., a leader in precision technology for the diamond and gemstone industry, reported revenues of US$15.3 million for the first half of 2025, down 30% year-on-year, as global demand for natural diamonds remained under pressure from lab-grown alternatives and weak consumer sentiment in China. Despite the revenue drop, Sarine posted positive cashflow and…<\/p>\n","protected":false},"author":1,"featured_media":32728,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-32727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\n