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.

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.
A-Sonic exits SGX watch list while directors buy shares; Sarine and Oxley make buybacks - THE EDGE SINGAPORE

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

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.

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.

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.
Sarine Tech posts net profit of $2.6 mil for 3QFY21 - THE EDGE SINGAPORE

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.
Maybank Kim Eng ups Sarine Tech's TP to 94 cents on topline growth - THE EDGE SINGAPORE

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%.
Sarine Tech reports surge in net profit to US$12.6 mil for 1H21 - THE EDGE SINGAPORE

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.

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.
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