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U77 — Sarine Technologies News Story

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Brief: Sarine Technologies provides profit guidance

Jan 6 (Reuters) - Sarine Technologies Ltd  SARI.SI : 
 * Says "prevailing sentiment in the Indian diamond manufacturing industry seems 
   to have significantly improved" 
 * Expect revenues for the fourth and final quarter of the year to be 
   approximately U.S. $12.25 million" 
 * Says "expect to report a modest profit from operations (EBIT) for the 
   quarter" 
 * Says "revenues are still expected to be less than in the corresponding 
   quarter in 2014" 
 * Says "wholesale buying for the Chinese new year has commenced positively" 
 
* Source text for Eikon  ID:nSNZmggvy  
 
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