Mainboard-listed Sarin Technologies Limited, a maker of precision
technology products for measurement of diamonds and gems, more
than doubled its revenue to US$45.7 million (S$58.4 million) in the
12 months ending 31 December 2010 (FY2010), a significant
increase of 114 per cent over FY2009’s US$21.4 million.
The company said its strong growth was underpinned by a rebound
in capital equipment expenditures across all geographical segments
early in the year as the diamond industry recovered from the global
The big leap in revenue resulted in a sevenfold increase in bottom
line to US$11.1 million, compared with US$1.5 million in FY2009.