GEMINI INV released its interim results, with a loss attributable to shareholders of HKD 118 million, an increase of 288.95% year-on-year

Zhitong
2025.08.18 10:43
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GEMINI INV released its interim results for the period ending June 30, 2025, with revenue of HKD 412 million, a year-on-year decrease of 30.92%; the loss attributable to shareholders was HKD 118 million, a year-on-year increase of 288.95%; basic loss per share was HKD 0.19. The widening loss was mainly due to the slowdown in sales progress of the New York residential project and the adjustment of the commercial real estate market in the United States and Hong Kong, leading to a downward adjustment in the valuation of certain properties