Company: GINT
Filing Date: 2025-10-15
Form Type: F-1/A
Source: 0001213900-25-099087
Chunk: 109

Company: Gifts International Holdings Ltd
Filing Date: 2025-10-15
Form: F-1/A
Chunk 109
---
   |     |       2025 |   |
|                                                      |     |                   HKD |   |     |        HKD |   |     |        USD |   |
| Net cash provided by operating activities            |     |             5,280,775 |   |     |  3,511,900 |   |     |    451,405 |   |
| Net cash used in investing activities                |     |               (73,996 | ) |     |   (115,553 | ) |     |    (14,852 | ) |
| Net cash used in financing activities                |     |            (2,417,130 | ) |     | (9,750,760 | ) |     | (1,253,326 | ) |
| Net increase (decrease) in cash and cash equivalents |     |             2,789,649 |   |     | (6,354,413 | ) |     |   (816,773 | ) |

Cash provided by operating activities In FY2025, our net cash provided by operating activities was HK$3.5million (US$0.5million), which primarily reflected cash inflow from our net income of HK$5.9million (US$0.8million) adjusted for (i) net non -cashexpense of HK$2.0million, which represents allowance for expected credit losses, depreciation of plant and equipment, defined benefit costs, depreciation on right -of-useassets and finance cost for lease liabilities; and (ii) net decrease in working capital of HK$4.4million mainly attributable to cash outflow arising from (i) accounts receivable of HK$7.3million; (ii) deposits, prepayment and other receivables of HK$2.1million; and (iii) lease liabilities of HK$1.5million, which were offset by cash inflow arising from (i accounts payable of HK$4.2million; (ii) accrued liabilities and other payables of HK$1.2million; and (iii) income tax payable of HK$1.1million. In FY2024, our net cash provided by operating activities was HK$5.3 million (US$0.7 million), which primarily reflected cash inflow from our net income of HK$6.3 million (US$0.8 million) adjusted for (i) net non -cashexpense of HK$1.1 million, which represents