GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Diamond Tech Company Sarin Solid in Q2

15 august 2012

Singapore-listed diamond manufacturing technology company Sarin reported strong financial results for the second quarter of the 2012 calendar year in a press release.
Thanks to a boost in sales of its Galaxy system, in which it sold more than ever before in a three-month time period, the company recouped $18.2 million in revenue, a 16% year-over-year improvement over the second quarter of 2011. Correspondingly, the firm's net profits rose by 31% year-over-year to $6.6 million on the quarter, Israelidiamond.co.il reports.
Overall revenues from the first half of the year also demonstrated a year-over year increase, rising by 36% to $37.8 million between January and June 2012. Net profits showed an even more dramatic increase, surging by 73% to $14.4 million for H1 2012.
Sarin celebrated its successes by announcing a commensurate mid-year dividend of $0.0125 per share. Looking forward in the second half of the year, Sarin has noted the financial difficulties facing Europe and India and is looking to the United States, China, Japan and the Middle East to maintain diamond industry demand.