Company: FEBO
Filing Date: 2025-12-29
Form Type: 6-K
Source: 0001493152-25-029212
Chunk: 5

Company: Fenbo Holdings Ltd
Filing Date: 2025-12-29
Form: 6-K
Chunk 5
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), decrease in prepaid expenses and other current assets of HK$0.2 million (US$31,000) and offset by decrease in account payables of HK$1.8 million (US$0.2 million), payment on lease of HK$3.7 million (US$0.5 million) and decrease in other payables and accrued liabilities of HK$0.7 million (US$0.1 million).

For the six months ended June 30, 2024, net cash used in operating activities of HK$23.3 million was primarily the result of the net loss of HK$1.9 million as adjusted for non-cash items and change in operating activities. Adjustments for non-cash items consisted of depreciation of property and equipment of HK$0.3 million, amortization of right to use assets of HK$2.7 million and interest on lease liabilities of HK$60,000. Change in operating activities mainly included increase in account payables of HK$2.8 million, and offset by an increase in accounts receivable of HK$14.6 million and payment on lease of HK$3.2 million, decrease in other payables and accrued liabilities of HK$4.2 million, increase in inventories of HK$1.0 million, increase in prepaid expenses and other current assets of HK$4.3 million.

Cash used in investing activities

For the six months ended June 30, 2025, net cash used in investing activities was HK$47,000 (US$6,000) for the purchase of property, plant, and equipment.

For the six months ended June 30, 2024, net cash used in investing activities was HK$37,000 for the purchase of property, plant, and equipment.

Cash provided by (used in) financing activities

For the six months ended June 30, 2025, net cash used in financing activities of HK$2.7 million (US$0.3 million) was mainly due to the advances to related parties of HK$2.7 million (US$0.3 million).

For the six months ended June 30, 2024, net cash from financing activities of HK$2.8 million was mainly due to the proceeds from issuance of ordinary shares of HK$2.1 million and the advances from related parties of HK$0.7 million.

Management is actively managing its outstanding accounts receivable and accounts payable to make sure that the Company has adequate funding