Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 189

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 18
Chunk 189
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 appropriated from net profit as reported in accordance with PRC accounting standards. The Group’s
subsidiaries in the PRC are required to allocate at least 10% of their after-tax profits to the general reserve until such reserve has
reached 50% of their respective registered capital. Appropriations to other types of reserves in accordance with relevant PRC laws and
regulations are to be made at the discretion of the board of directors of each of the Group’s subsidiaries in the PRC. The statutory
reserves are restricted from being distributed as dividends under PRC laws and regulations.

On
January 11, 2024, the representative of the underwriters partially exercised the over-allotment option and on January 16, 2024
purchased 62,500 5.00

Note
14Net Income (Loss) Per Share

The
following table sets forth the computation of basic and diluted income (loss) per share for the years indicated:

Schedule of net income (loss) per share

                                                                                                          For the year ended December 31,                                                                                            
                                                                                                          2022                                                 2023                         2024                                     
                                                                                                          HK$’000                                              HK$’000                      HK$’000                                  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Basic and diluted income (loss) per share                                                                                                                                                                                          
  Numerator:                                                                                                                                                                                                                         
  Net income (loss) for the year attributable to the Company’s ordinary shareholders                                                                8,653                      ( 1,462                     ( 15,482         ( 1,993  
  Denominator:                                                                                                                                                                                                                       
  Weighted average number of basic and diluted ordinary shares outstanding                                                                     10,000,000                   10,084,932                   11,059,932      11,059,932  
  Weighted average number of basic and diluted ordinary shares used in calculating income (loss) per                                           10,000,000                   10,084,932                   11,059,932      11,059,932  
  Basic and diluted net income (loss) per share (cents)                                                                                             86.53                      ( 14.50                     ( 139.98         ( 18.02  

Note
15Commitments and Contingencies

Lease
Commitments

The
Company entered into leases for production plant in the PRC and director