Company: CHOW
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001641172-25-026148
Chunk: 99

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-09-02
Form: F-1/A
Chunk 99
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 |     |        |     |   |       |     | Change |       |   |
|:-----------|:----|:-------------------|--------:|:----|:--|------:|:----|:-----|--------:|:----|:----|-------:|:----|:--|------:|:----|:-------|:------|:--|
|            |     | HK$                |         |     | % |       |     | HK$  |         |     | US$ |        |     | % |       |     | %      |       |   |
| Government 
 subsidies  |     |                    | 148,556 |     |   |  41.4 |     |      |       - |     |     |      - |     |   |     - |     |        | (100  | ) |
| Exchange   
 gain, net  |     |                    |  32,614 |     |   |   9.1 |     |      |       - |     |     |      - |     |   |     - |     |        | (100  | ) |
| Sundry     
 income     |     |                    | 177,271 |     |   |  49.5 |     |      | 173,715 |     |     | 22,271 |     |   | 100.0 |     |        | (2.0  | ) |
| Total      |     |                    | 358,441 |     |   | 100.0 |     |      | 173,715 |     |     | 22,271 |     |   | 100.0 |     |        | (51.5 | ) |

Other income decreased by HK$0.2 million or 51.5% from HK$0.4 million for the year ended December 31, 2023 to HK$0.2 million (US$22,271) for the year ended December 31, 2024 mainly driven by the drop of one-off government subsidy during the year ended December 31, 2024.

Income tax expenses

For the year ended December 31, 2024, the Company recorded a profit before tax of HK$14.1 million (US$1.8 million), which was comparable to the previous fiscal year. As a result, the income tax expense for the year ended December 31,