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GEM sees May revenue decline amid China holidays, US tariff uncertainty

GEM Terminals (GEM) reported consolidated revenue of NT$248 million (approx. US$8.28 million) for May 2025, marking a 23.06% year-over-year drop and an 8.62% decline from April. The company attributed the weaker performance to fewer working days in China during the May holidays and the ongoing impact of uncertain US tariff policies, which have delayed shipments and prompted customers to deplete existing inventories.