2023-11-13-港交所-环球大通集团_2023_第三季度业绩报告_33页_1mb

Gemini Stellar Holdings Limited

** Fiscal Third Quarter Report 2023**
GEM
Hong Kong Stock Exchange Listing Criteria

Hong Kong Stock Exchange (HKEX) operates as a market primarily aimed at providing listing opportunities for smaller companies which are more prone to investment risks compared to companies listed on other HKEX segments. Investors should be aware of these inherent risks and make investment decisions after thorough consideration.

• Financial Summary:
  For the nine months to September 30, 2023, the group incurred a net loss attributable to shareholders of HK$25,567,000 (2022: HK$45,211,000), reflecting a significant improvement from the previous year. Excluding non-controlling interests, the net loss stood at HK$15,567,000 (2022: HK$77,600,000).

• Revenue Breakdown:
  Revenue for the period was HK$3,812,000 (2022: HK$11,119,000), a decrease of approximately 66% year-on-year. Dismissal.

• Key Business Risks:

  • Highly volatile market conditions due to listing on the GEM segment.
  • High credit risk associated with lending operations and trading activities.
  • Political uncertainty including conflicts and inflationary pressures affecting global markets.

• Geographical Exposure:
  Lending operations are concentrated heavily in Mainland China and Hong Kong, exposing the group to regional economic fluctuations.

• Strategic Measures:

  • Secured a HK$100 million unsecured loan extension agreement.
  • Implemented cost-cutting measures and aims to improve liquidity through loan recovery.
  • Maintained conservative lending policies to mitigate risk across borrowing operations.

Disclaimer:
This report contains unverified financial data and should be read accordingly. Shareholders are advised to seek professional advice before making investment decisions.