Sarine turns to H1 FY26 net loss of US$3.5 million; revenue drops 6% to US$14.4 million

• Sarine Technologies posted a net loss of US$3.5 million in the six months ended June 30, 2026, with operating loss at US$2.2 million.
• Revenue fell 6% to US$14.4 million, as growth in MVP and GCAL grading was offset by weaker capital equipment sales and Galaxy scanning.
• Operating expenses jumped about 25%, or roughly US$2.2 million; nearly half of the increase was tied to a weaker US dollar against the Israeli shekel.
• GCAL grading expanded by more than 50% while MVP revenue more than doubled, helping cushion a contraction in rough diamond supply.
• The group expects MVP and GCAL grading revenue growth to continue through 2026 and into 2027, with a new GCAL jewellery service center slated for Mumbai in H2.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sarine Technologies Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: QVLNICNQGO2280T9) on August 10, 2026, and is solely responsible for the information contained therein.