Company: BGHL
Filing Date: 2025-09-11
Form Type: F-1/A
Source: 0001213900-25-086807
Chunk: 89

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-11
Form: F-1/A
Chunk 89
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5 |     |    3,822,759 |     |  18.4 |     |  3,841,807 |   |     | 100.5 |   |
| Sales of other products      |     |       72,565 |     |      566,005 |     |   1.1 |     |    3,379,878 |     |  16.2 |     | (2,813,873 | ) |     | (83.3 | ) |
| Total Amount                 |     |    6,773,938 |     |   52,836,714 |     | 100.0 |     |   20,811,124 |     | 100.0 |     | 32,025,590 |   |     | 153.9 |   |

Sales of frozen food have contributed the largest portion of revenue of the operating entity. Frozen food products include premium meat, abalone and sea cucumber etc.. Wagyu is the most popular frozen food product. For the year ended December 31, 2024, revenue generated from sale of frozen food was HK$31,979,005, representing an increase of HK$24,417,758 or 322.9%, compared to that of HK$7,561,247 for the year ended December 31, 2023. The significant increase in revenue from sales of frozen food was mainly due to the increase in sales orders with the effort of the sales team brought by the current shareholders who acquired the business since March 31, 2024. The selling price of frozen food had remained stable throughout the years. Fine wine and spirit include mainly red wines originated from Australia. For the year ended December 31, 2024, revenue generated from sales of fine wine and spirit was HK$12,627,138, representing an increase of HK$6,579,898 or 108.8%, compared to that of HK$6,047,240 for the year ended December 31, 2023. The significant increase in revenue from sales of fine wine and spirit was mainly due to the increase in sales orders with the effort of the sales team brought by the current shareholders who acquired the business since March 31, 2024. The selling price of fine wine and spirit had remained stable throughout the years. Luxury seafood mainly includes dried abalone and fish maw. For the year ended December 31, 2024, revenue