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Sarin posts $14.3 million revenues in Q2’10
Sales to India rise 206% y-o-y
By: Diamond World News Service
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Aug 11 2010 10:18AM
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Reference: 5201  

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Sarin Technologies ended its second quarter on June 30, 2010, with revenues worth $14.3 million which increased almost four times than revenues in the same quarter last year. The company recorded rise in sales across its global reach. Its major market India posted a 206 percent rise in sales y-o-y to $11.6 million.

Net profit was worth $4.6 million, a good improvement from the $900,000 loss posted in the same quarter last year. In the period ahead, the company plans expanding and opening new service centers in southern Africa and Russia.

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