Company: BGHL
Filing Date: 2025-10-01
Form Type: F-1/A
Source: 0001213900-25-094318
Chunk: 94

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-01
Form: F-1/A
Chunk 94
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 year ended December 31, 2023. The decrease in cost of sales from other products was in line with the decrease in sales as the management decided to focus more on the sales of frozen food, fine wine and spirit and luxury seafood which have higher gross profit margin. Gross Profit

|                              |     |   Year Ended 
 December 31, 
         2024 |     |   Year Ended 
 December 31, 
         2024 |     |       |     |   Year Ended 
 December 31, 
         2023 |     |       |     |  Variance |   |     |       |   |
|:-----------------------------|:----|-------------:|:----|-------------:|:----|------:|:----|-------------:|:----|------:|:----|----------:|:--|:----|------:|:--|
|                              |     |          US$ |     |          HK$ |     |     % |     |          HK$ |     |     % |     |       HK$ |   |     |     % |   |
| Sale of frozen food          |     |      502,814 |     |    3,921,951 |     |  38.2 |     |      959,993 |     |  28.1 |     | 2,961,958 |   |     | 308.5 |   |
| Sale of fine wine and spirit |     |      488,890 |     |    3,813,342 |     |  37.1 |     |    1,201,595 |     |  35.2 |     | 2,611,747 |   |     | 217.4 |   |
| Sales of luxury seafood      |     |      321,651 |     |    2,508,876 |     |  24.4 |     |    1,092,223 |     |  32.0 |     | 1,416,653 |   |     | 129.7 |   |
| Sales of other products      |     |        3,747 |     |       29,226 |     |   0.3 |     |      161,411 |     |   4.7 |     |  (132,185 | ) |     | (81.9 | ) |
| Total Amount