Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 161

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 19
Chunk 161
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                       US$                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Material – finished goods                                15,715,516                14,595,924                14,859,430  
  Material – tooling                                          448,823                   353,332                   210,789  
                                                           16,164,339                14,949,256                15,070,219  

NOTE 17 - OTHER INCOME

                                 Year ended March 31,                                                           
                                 2025                                  2024                   2023              
                                 US$                                   US$                    US$               
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Bank interest income                                     91,214                 66,403                 1,586  
  Government subsidy income                                -                           -                40,817  
  Exchange difference                                      -                     189,731                24,892  
  Total                                                    91,214                256,134                67,295  

F-20

K-TECH SOLUTIONS COMPANY LIMITED AND SUBSIDIARY

NOTE 18 - INTEREST EXPENSES

                                     Year ended March 31,                                                          
                                     2025                                  2024                  2023              
                                     US$                                   US$                   US$               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Interest on lease liabilities                                15,870                19,860                21,029  
  Interest on bank loans                                       60,541                35,673                25,874  
  Other interest expenses                                         153                    17                     1  
  Total                                                        76,564                55,550                46,904  

NOTE 19 - RELATED PARTY TRANSACTIONS

Apart from the transactions
and balances as disclosed in notes 10 and 20, during the years ended March 31, 2025 and 2024, the Company had the following
transactions with its related parties:

                                                                                                                                   Year ended March 31                                                       
  Name of related party                  Relationship                               Nature of transaction                          2025                                    2024                              
                                                                                                                                   US$                                     US$                               
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Bright Forward Technology Limited      Related company with common directors      Purchase of goods                                                       1,