Wednesday, March 16, 2011

Gemini Restructured to Meet Challenges Ahead

It has been a while since we posted our last blog in May last year. Since then, Gemini has gone through a lot of changes. The office has moved and it is now much closer to town. (The new address and contact number has been updated on this blog).

The marine leisure market continues to be sluggish in the year 2010. As such, we have closed the two non profitable units i.e. engine repair and yacht services, at the beginning of 2011. In the coming months, watch out for great bargains as we publish various surplus items that we want to sell on this blog.

The RIB business has enjoyed another strong year in 2010. Re-tubing business is making good profit and we have started selling inflatable fenders to super yachts. Going forward, Gemini will revert back to its roots, concentrating on what we have been doing well - making GIFT (Gemini Inflatable Fenders and Tubes)

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