Company: GINT
Filing Date: 2025-01-28
Form Type: DRS/A
Source: 0001213900-25-007208
Chunk: 124

Company: Gifts International Holdings Ltd
Filing Date: 2025-01-28
Form: DRS/A
Chunk 124
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3,558,395 |
| Individual customers |     | At a point in time |      |                                        | 14,048,791 |      |     | 14,052,462 |     |     | 1,808,717 |
|                      |     |                    |      | $                                      | 41,108,608 |      | $   | 41,698,700 |     | $   | 5,367,112 |

| Sale of products     
 2023                 |     | Point of           
 recognition        | 2024 | For the years ended March 31, 
 HKD                           |            | 2024 | HKD |            |     | USD |            |
|:---------------------|:----|:-------------------|:-----|:------------------------------|-----------:|:-----|:----|-----------:|:----|:----|-----------:|
| Corporate clients    |     | At a point in time |      | $                             | 63,840,199 |      | $   | 54,372,507 |     | $   |  6,970,835 |
| Individual customers |     | At a point in time |      |                               | 23,612,128 |      |     | 27,180,858 |     |     |  3,484,725 |
|                      |     |                    |      | $                             | 87,452,327 |      | $   | 81,355,365 |     | $   | 10,455,560 |

Cost of Revenues Cost of revenues consists primarily of the cost of floral and non -floralmerchandise sold from inventory or through third parties, bouquet fulfillment costs, and the cost associated with wrapping and packaging. Shipping and Handling Costs Shipping costs incurred to deliver the products from the workshop to the designated location of the customer orders totaled HK$2,271,545 and HK$2,667,057 (US$343,282) for the six months ended September30, 2023 and 2024, respectively. Shipping costs incurred to deliver the products from the workshop to the designated location of the customer orders totaled HK$4,947,588 and HK$4,550,399 (US$583,384) for the years ended March 31, 2023 and 2024, respectively.

71 Sales and Marketing Costs Marketing and sales expense consists primarily of advertising expenses, online portal and e -catalogexpenses and