Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 83

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 5
Chunk 83
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 buildup of outstanding customer balances. These working capital movements highlight the company’s focus
on managing supplier relationships and leveraging related-party financing while navigating revenue growth.

For the year ended March 31, 2023, net cash used in operating activities
was approximately US$0.23 million reflecting a temporary strain on liquidity despite positive net income of approximately US$0.25 million.
Operating cash flows benefited from a decrease in accounts receivable of approximately US$0.67 million, driven by improved collection
efforts and lower sales volume in the latter part of the year, which reduced outstanding customer balances. Additionally, an increase
in accounts payable of approximately US$0.12 million provided a modest source of cash, as the company strategically managed payment terms
with suppliers. However, these inflows were outweighed by other working capital needs, resulting in a net cash outflow from operations.

Cash
generated from/(used in) investing activities

For the year ended March
31, 2025, cash generated from investing activities was US$91,214. which consisted of interest received of US$91,214. For the year
ended March 31, 2024, cash provided by investing activities was US$66,403. Cash provided by interest received US$66,403. For the
year ended March 31, 2023, cash used in investing activities was US$89,799. Cash used in purchase of fixed assets of US$91,385.

Cash
generated from/(used in) financing activities

For the year ended March 31, 2025, cash used in financing activities
amounted to approximately US$0.18 million, which primarily consisted of proceeds from bank borrowing of approximately US$0.6 million followed
by principal and interest payments of lease liabilities of approximately US$0.16 million and repayments of bank borrowings with interest
of approximately US$0.25 million.

For the year ended March 31,
2024, cash used in financing activities amounted to approximately US$2.5 million, which consisted of proceeds from bank loans of approximately
US$0.6 million, repayment of bank borrowing of approximately US$0.2 million, payment of lease liabilities of approximately US$0.2 million,
net repayments to related parties of approximately US$2.6 million.

For the year ended March 31, 2023, cash used in financing activities
amounted to approximately US$0.5 million, which consisted of repayment of