Company: CHOW
Filing Date: 2025-02-10
Form Type: DRS/A
Source: 0001493152-25-005658
Chunk: 226

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-02-10
Form: DRS/A
Chunk 226
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 was in issue on October 24, 2024.

15. EARNING PER SHARE

The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2022, and December 31, 2023:

|                                                                   |     | As of December 31, |            |     |      |            |     |           |            |
|                                                                   |     |               2022 |            |     | 2023 |            |     |           |            |
|                                                                   |     |                HK$ |            |     |  HK$ |            |     | US$ (Note 
 2(e))     |            |
| Numerator:                                                        |     |                    |            |     |      |            |     |           |            |
| Numerator for basic and diluted earnings per share –              
 net income attributable to the Company’s shareholders             |     |                    |  4,890,720 |     |      | 12,105,673 |     |           |  1,552,009 |
| Denominator:                                                      |     |                    |            |     |      |            |     |           |            |
| Denominator for basic and diluted net income per share – weighted 
 average number of shares*                                         |     |                    | 32,500,000 |     |      | 32,500,000 |     |           | 32,500,000 |
| Basic and diluted earnings per share:                             |     |                    |       0.15 |     |      |       0.37 |     |           |       0.05 |

* Retroactively presented for the effect of reorganization for the Company’s initial public offering

Explanation of EPS Calculation

Basic earnings per share is calculated by dividing the net income attributable to the Company’s shareholders by the weighted average number of ordinary shares outstanding during the period. For the years ended December 31, 2022, and 2023, the Company had 32,500,000 ordinary shares outstanding, and there were no changes in the number of shares during the periods presented.

| F-38 |

Diluted earnings per share is calculated by dividing net income attributable to the Company’s shareholders by the weighted average number of shares outstanding during the period, including the effect of all potentially dilutive securities, if any. For the years ended December 31, 2022, and 2023, the Company had no dilutive securities outstanding, resulting