Company: HNIT
Filing Date: 2025-04-14
Form Type: 10-Q
Source: 0001641172-25-003960
Chunk: 15

Company: Huineng Technology Corp
Filing Date: 2025-04-14
Form: 10-Q
Item: Item 1
Chunk 15
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 Months Ended and
                                                                                As of February 29, 2024 
  
    By Business Unit 
    Website Development  
    Website Design  
    Website Maintenance  
    Total 
  
    Revenue 
    $4,000  
    $2,000  
    $600  
    $6,600 

    Cost of revenue 
     -  
     -  
     -  
     - 
  
    General and administrative expenses 
     (6,244) 
     (3,122) 
     (936) 
     (10,302)

    Loss from operations 
     (2,244) 
     (1,122) 
     (336) 
     (3,702)

    Total assets 
    $7,655  
    $3,828  
    $1,148  
    $12,631 
  
    Capital expenditure 
    $442  
    $221  
    $66  
    $729 

    By Country 
    Hong Kong  
    Malaysia  
    Total 

    For the Three Months Ended and
                                                                                As of February 29, 2024 
  
    By Country 
    Hong Kong  
    Malaysia  
    Total 
  
    Revenue 
    $6,000  
    $600  
    $6,600 

    Cost of revenue 
     -  
     -  
     - 
  
    General and administrative expenses 
     (105) 
     (10,197) 
     (10,302)

    Loss from operations 
     5,895  
     (9,597) 
     (3,702)

    Total assets 
    $-  
    $12,631  
    $12,631 
  
    Capital expenditure 
    $-  
    $729  
    $729 

13.
SUBSEQUENT EVENTS

In
accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure
of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events or
transactions that occurred after February 28, 2025 up through the date the Company issued the financial statements.

F-11

ITEM
2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND