Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 121

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 5
Chunk 121
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,650        0  
  Finance costs                                           (13,895        0           (5,187        0                -        0  
  Profit/(loss) before tax                              3,818,032        8        3,043,779       10      (55,382,660      -69  
  Income tax                                             (744,225       -1                -        0             (621        0  
  Profit/(loss) from continuing operations              3,073,807        6        3,043,779       10      (55,383,281      -69  
  Discontinued operations                                       -        0                -        0      (18,109,150      -23  
  Total profit/(loss) for the year                      3,073,807        6        3,043,779       10      (73,492,431      -92  

Flower Crown is a subsidiary operating three sub-segment business,
which are tourism (Luxury travel experiences), cross-border merchandise and B2B technology solution. The three sub-segments are presented
as below:

  By business                                                                                                                             
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Sales to external customers       22,048,052      21,561,671      1,530,812      2,719,463      782,302      26,261,424      7,559,454  
  Segment revenue                   22,048,052      21,561,671      1,530,812      2,719,463      782,302      26,261,424      7,559,454  
  Segment gross margins/(loss)         730,173       1,981,107        589,968      2,714,434      760,028       7,032,175        760,828  
  Gross margin rate                          3               9             39             99           97              27             10  

Revenues are recognized at a point in time and denominated only in
USD. Included in the “travel service”, majority (99.99%) of the revenue amount represents the revenue for reselling of air-tickets
requests by airline ticket agencies. Revenue for tickets purchased based on our judgment on potential trends, and revenue recorded from