Gem Co., Ltd. Class ASZSE: 002340

GEM Co: 2024 revenue and profit hit record highs as GEM Co. accelerated global expansion

· Issued by Gem Co., Ltd. Class A

GEM Co. posted record 2024 revenue of RMB 33.2 billion (+8.75% YoY) and net profit of RMB 1.02 billion (+9.19%), with adjusted net profit up 636%. The company accelerated global expansion, especially in Indonesia, and set ambitious growth and ESG targets for 2025–2027.

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