Category: Manufacturing

Soaring costs and reduced discretionary income are raising concerns in the diamond trade.
Sarine Technologies’ revenue and earnings fell in the first half of 2022 as market pressures around the world dented demand for the company’s manufacturing equipment.
Indian jeweler Titan Company’s sales and profit soared in the first fiscal quarter, buoyed by strong holiday demand and a gap between two periods of Covid-19 disruptions.
Canadian diamond manufacturer HRA Group has made its first splash in the lab-grown market, securing an exclusive partnership with Texas-based producer Plasmability.
Sales and earnings at Indian diamond manufacturer Asian Star rose sharply in the first fiscal quarter, reflecting the market’s solid rebound.

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