Company: CHOW
Filing Date: 2025-03-19
Form Type: DRS/A
Source: 0001493152-25-010898
Chunk: 107

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-03-19
Form: DRS/A
Chunk 107
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                      |     | Year ended December 31, |    2022 |     |   |       |     |     |    2023 |     |     |        |     |   |       |     |   | Change |   |
|:---------------------|:----|:------------------------|--------:|:----|:--|------:|:----|:----|--------:|:----|:----|-------:|:----|:--|------:|:----|:--|-------:|:--|
|                      |     | HK$                     |         |     | % |       |     | HK$ |         |     | US$ |        |     | % |       |     | % |        |   |
| Government subsidies |     |                         | 280,000 |     |   |  63.9 |     |     | 148,556 |     |     | 19,046 |     |   |  41.4 |     |   |  (46.9 | ) |
| Exchange gain, net   |     |                         |       - |     |   |       |     |     |  32,614 |     |     |  4,181 |     |   |   9.1 |     |   |    100 |   |
| Sundry income        |     |                         | 158,168 |     |   |  36.1 |     |     | 177,271 |     |     | 22,727 |     |   |  49.5 |     |   |   12.1 |   |
| Total                |     |                         | 438,168 |     |   | 100.0 |     |     | 358,441 |     |     | 45,954 |     |   | 100.0 |     |   |  (18.2 | ) |

Other income decreased by HK$0.08 million or 18.2% from HK$0.44 million for the year ended December 31, 2022 to HK$0.36 million (US$0.05 million) for the year ended December 31, 2023 mainly driven by the drop of subsidy under the Employment Support Scheme we received from the Hong Kong government during the year ended December 31, 2023.

Income tax expenses

Income tax expenses was HK$ 2.