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Gemini Investments Reports Reduced Losses and Stable Revenue for 2024

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Gemini Investments Reports Reduced Losses and Stable Revenue for 2024

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Gemini Investments (Holdings) Limited ( (HK:0174) ) has shared an announcement.

Gemini Investments reported a revenue of HK$1,048 million for 2024, with a reduced loss of HK$95 million compared to the previous year. The company maintained stable rental income from its U.S. properties and completed two residential projects in New York, contributing HK$293 million in sales. As the global economy is expected to recover in 2025, Gemini Investments plans to adjust its strategies to enhance competitiveness and deliver better returns for shareholders.

More about Gemini Investments (Holdings) Limited

Gemini Investments (Holdings) Limited is primarily engaged in property investments and developments, focusing on the U.S. and Hong Kong markets. The company’s portfolio includes office buildings in Silicon Valley, Seattle, and Houston, as well as residential projects in New York. Investment properties in the U.S. and Hong Kong constitute a significant portion of its assets.

YTD Price Performance: 2.50%

Average Trading Volume: 44,285

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$130.3M

See more data about 0174 stock on TipRanks’ Stock Analysis page.

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