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Sarine Technologies
Company in the news
Indian court rules in favour of Sarine for illegal use of pirated software
The judgement was "quick and final", according to Sarine.
December 12, 2022
Results
Sarine declares 12% y-o-y growth in 3QFY2022 profits, special interim dividend of 0.5 US cent declared
Sarine posts higher profits in 3Q, pushes out new dividend policy.
November 14, 2022
Insider moves
A-Sonic exits SGX watch list while directors buy shares; Sarine and Oxley make buybacks
A-Sonic Aerospace exited the SGX Watch list on June 30
July 06, 2022
Broker's Calls
Sarine gets an upgrade by DBS as growing trade revenues expect to lift margins
Sarine's technology is in demand now and DBS expects margins to trend higher.
May 20, 2022
Broker's Calls
DBS initiates 'fully valued' on Sarine Technologies with TP of 45 cents
Analyst Sachin Mittal says the company's exceptional FY2021 results are unlikely to be sustained going forward.
March 11, 2022
Deals, joint ventures & alliances
Sarine Tech signs MOU with Synova to cooperate technologically
The link-up will be part of Sarine’s Advisor package as an optional add-on.
February 22, 2022
Results
Sarine Tech posts net profit of $2.6 mil for 3QFY21
The group's results were affected by the seasonal slowdown and uncertainties in the industry after the exceptional 1HFY2021.
November 15, 2021
Broker's Calls
Maybank Kim Eng ups Sarine Tech's TP to 94 cents on topline growth
Maybank Kim Eng has also increased its EPS estimates for the FY2021, FY2022 and FY2023 by 57%, 36% and 22%.
August 10, 2021
Results
Sarine Tech reports surge in net profit to US$12.6 mil for 1H21
The company has declared an interim dividend of 1.5 US cents per share for the 1HFY2021.
August 05, 2021
Company in the news
Sarine's dual listing on Tel-Aviv Stock Exchange approved
Trading of Sarine's shares will begin on July 5, under the symbol SARN.
June 27, 2021