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 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.
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.
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
Delhi Jewellery & Gem Fair is back with its 14th edition of North India’s iconic B2B jewellery expo! 💎
📅 26–28 September 2026
📍 Bharat Mandapam, New Delhi
Connect, discover and explore new opportunities across the jewellery industry.
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
