Gemini Investment (00174) Reports Interim Results with Shareholders' Loss of HK$118 Million, Expanding 288.95% Year-on-Year
Stock News
Aug 18
Gemini Investment (00174) announced its interim results for the six months ended June 30, 2025, reporting revenue of HK$412 million, a decrease of 30.92% compared to the same period last year. The company recorded a shareholders' loss of HK$118 million, representing an expansion of 288.95% year-on-year, with basic loss per share of HK$0.19. According to the announcement, the widened loss was primarily attributed to declining revenue due to slower sales progress of New York residential projects, combined with downward adjustments in property valuations as a result of continued market corrections in the US and Hong Kong commercial real estate sectors.
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