Company: HNIT
Filing Date: 2025-07-14
Form Type: 10-Q
Source: 0001641172-25-018889
Chunk: 38

Company: Huineng Technology Corp
Filing Date: 2025-07-14
Form: 10-Q
Item: Item 8
Chunk 38
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    $6,300  
     47% 
    $     - 
  
    Customer B 
     6,000  
     44  
     - 
  
    Total 
    $12,300  
     91% 
    $- 

12.
SEGMENT REPORTING

ASC
280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with
the Company’s internal organization structure as well as information about services categories, business segments and major customers
in financial statements. The Company has three reportable segments based on business unit, website development, website design and website
maintenance services business and two reportable segments based on country, Malaysia and Hong Kong.

In
accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision maker has been identified
as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing
performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements
to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers,
and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation
under “Segment Reporting” due to their similar customer base and similarities in economic characteristics; nature of products
and services; and procurement, manufacturing and distribution processes.

    F-10

 SCHEDULE
OF SEGMENT REPORTING BY BUSINESS UNIT

    For the Six Months Ended and As of May 31, 2025 
  
    By Business Unit 
    Website Development  
    Website Maintenance  
    Total 
  
    Revenue 
    $2,300  
    $2,300  
    $4,600 

    Cost of revenue 
     -  
     -  
     - 
  
    General and administrative expenses 
     (13,214) 
     (13,213) 
     (26,427)

    Loss from operations 
     (10,914) 
     (10,913) 
     (21,827)

    Total assets 
    $9,045  
    $9,045  
    $18,090 
  
    Capital expenditure 
    $-  
    $-  
    $- 

SCHEDULE OF SEGMENT REPORTING BY GEOGRAPHICAL AREAS