Company: GRAN
Filing Date: 2025-04-09
Form Type: F-1/A
Source: 0001213900-25-030179
Chunk: 138

Company: Grande Group Ltd/HK
Filing Date: 2025-04-09
Form: F-1/A
Chunk 138
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30, 2023 to $0.3 million in the six months ended September 30, 2024. Cost of revenue Cost of revenue consists primarily of staff costs and project related costs. Our cost of revenue decreased by approximately $0.5 million or 50.0% from $1.0 million in the six months ended September 30, 2023 to $0.5 million in the six months ended September 30, 2024. This reduction was mainly due to reduced bonuses payable to employees in the project execution function.

72 Gross profit Our gross profit increased by approximately $0.7 million, or 116.7%, from $0.6 million for the six months ended September 30, 2023 to $1.3 million for the six months ended September 30, 2024. Profit margin increased from approximately 37.2% in the six months ended September 30, 2023 and 71.5% in the six months ended September 30, 2024. The increase in gross profit margin in the six months ended September 30, 2024 was mainly attributable to an increase in the provision of referral services and general advisory services while such services are provided by our in -houseemployees and their salaries, which are a core part of our cost of revenue and recorded a decrease during the period. General and administrative expenses General and administrative expenses were approximately 40.9% and 56.8% of total sales in the six months ended September 30, 2024 and the six months ended September 30, 2023 respectively. General and administrative expenses are mainly management and office salaries and employee benefits, depreciation of office equipment and leasehold improvement, operating lease cost, transportation and entertainment and other office expenses. Our general and administrative expenses decreased by approximately $0.2 million or 22.2% from $0.9 million in the six months ended September 30, 2023 to $0.7 million in the six months ended September 30, 2024, mainly because of reduced bonuses payable to employees in the administrative function and tightening cost control measures for office and entertainment expenses. Other income Interest income Our interest income mainly comprised bank interest income. Interest income increased by $469, or 10.3%, from $4,535 for the six months ended September 30, 2023 to $5,004 for the six months ended September 30, 2024, and such increase was in line with the increase