Sarin Scores Record 2Q Revenue, Profit



Sarin Technologies, which manufactures diamond technology
products, recently announced a record second quarter for the group in revenues
and net profit.

Here are some highlights from the company’s financial report
for the second quarter (ended June 30):

  • Revenue: $15.6 million, up 9%
  • Net profit: $5 million, up 8%

The company’s revenues and net profit were also up 27
percent and 57 percent, respectively, as compared to the first quarter of 2011.