Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 259

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 259
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 and other events and circumstances excluding transactions resulting from investments
from owners and distributions to owners. For the years presented, total comprehensive income included foreign currency translation adjustments.

<div align='center'>F-14

3 E NETWORK TECHNOLOGY GROUP LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

2. Summary of Significant Accounting Policies(cont.)

v) Earnings per share

Earnings (loss) per
share is computed in accordance with ASC 260. The two-class method is used for computing earnings per share in the event the Group
has net income available for distribution. Under the two-class method, net income is allocated between ordinary shares and
participating securities based on dividends declared and participating rights in undistributed earnings as if all the earnings for
the reporting period had been distributed. Basic earnings per ordinary share is computed by dividing net earnings attributable to
ordinary shareholders by the weighted-average number of ordinary shares outstanding during the period. Diluted earnings per share is
computed by dividing net income attributable to ordinary shareholders by the sum of the weighted-average number of ordinary shares
outstanding and dilutive potential ordinary shares during the period. For the years ended June 30, 2025, there were , issuance of
convertible bonds and the warrants, so is applicable as participating securities existed. For the years ended June 30, 2024, there
was only Class A Ordinary Shares issued and outstanding, so is not applicable as no participating securities existed.

Basic earnings
per ordinary share is computed by dividing net income attributable to holders of ordinary shares by the weighted average outstanding
during the year. Diluted earnings per share is calculated by dividing net income attributable to ordinary shareholders by the weighted
average number of ordinary and dilutive Class A ordinary equivalent shares outstanding during the year. Ordinary equivalent shares are
not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive or
in the case of contingently issuable shares that all necessary conditions for issuance have not been satisfied.

w) Commitments and contingencies

The Group
accrues estimated losses from loss contingencies by a charge to income when information available before financial statements are issued
or are available to be issued indicates that it is probable that an asset had been impaired, or a liability had been incurred at the
date of the financial statements and the amount of the loss can be reasonably estimated. Legal expenses associated with the contingency
are expensed as incurred. If a loss contingency is not probable or