Sarin Technologies, the manufacturer of precision technology products for processing diamonds and gems, says net profit rose to US$4.5 million for the quarter ended 31 December 2009 (4Q2009).
The year 2009 was characterised by a weak first half, followed by a strong recovery in the second half. Underpinned by the continued recovery of the diamond manufacturing industry, Sarin recorded a 314% increase in 4Q revenue to US$10.4 million.
