Business
Gold and Gemstone Mining, Inc. Highlights Year-End 2024 Business Sectors to Show Significant Growth in 2025
JAKARTA, INDONESIA - April 30, 2025 (NEWMEDIAWIRE) - Gold and Gemstone Mining, Inc. ("Gemstone") (GGSM), operates the Recreational Services Unit from the Mentawai Islands and Beyond, and its Cargo Boat Business Unit transporting construction material...
About this update from Gold And Gemstone Mining Inc.
[{"type":"text","content":"JAKARTA, INDONESIA - April 30, 2025 (NEWMEDIAWIRE) - Gold and Gemstone Mining, Inc. ("Gemstone") (GGSM), operates the Recreational Services Unit from the Mentawai Islands and Beyond, and its Cargo Boat Business Unit transporting construction materials throughout Indonesia.","length":283,"tagName":"p"},{"type":"text","content":"Recreational Services Unit and the Cargo Boat Business sectors project 8.75% and 8.05% growth, respectively, in 2025.","length":117,"tagName":"p"},{"type":"text","content":"The Company is pleased to highlight these specifics in the 2024 Annual Report.","length":78,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue Year ended with $11,400,000.","length":36,"tagName":"p"}]},{"val":[{"type":"text","content":"Assets increased by $1,306,000 over 2023.","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"Equity increased by $2,303,000 over the prior year.","length":51,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":128,"olType":false},{"type":"text","content":"Indonesia's Ministry of Tourism has unveiled its goal to welcome 16 million international visitors in 2025. This announcement was made during the 2024 Year-End Press Conference at the Ministry's headquarters. This is a projected increase of 8.75% in tourist visits.","length":273,"tagName":"p"},{"type":"text","content":"Indonesia Commercial Construction Industry Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) project a CAGR rate of 8.05% for the next five (5) years. The market size growth rates are targets at USD 33.48 Billion in 2025 with an estimated increase to USD 49.31 Billion. (Source: Mordor Intelligence).","length":322,"tagName":"p"},{"type":"text","content":""Gold and Gemstone Mining, Inc. is strategically positioned to participate in the growth throughout Indonesia in both the construction and recreational segments. With the growing capacity of the Cargo Business Unit and the contracts already in place, Gold and Gemstone Mining is positioned to capture great growth. Our Recreational Services Unit, with the Charter Boats, Oceanfront Hotels, and restaurants, will welcome the tourism growth," stated President Todd Noble.","length":479,"tagName":"p"},{"type":"text","content":"About Gold and Gemstone Mining, Inc.","length":36,"tagName":"p"},{"type...