Company: NIVFW
Filing Date: 2025-08-22
Form Type: DRS
Source: 0001213900-25-079717
Chunk: 128

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-22
Form: DRS
Chunk 128
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 interest rates had occurred at the end of the reporting period and had been applied to
the exposure to interest rates for financial instruments in existence at that date. 1% increase or decrease is used when reporting interest
rate risk internally to key management personnel and represents management’s assessment of the reasonably possible change in interest
rates.

If interest rates had been
1% higher or lower and all other variables were held constant, NewGenIvf’s post tax loss for the years ended December 31,
2024 and 2023 would have increased or decreased by approximately US$26,894 and US$122, respectively.

Foreign currency risk

Foreign currency risk is the
risk that the holding of foreign currency assets will affect NewGenIvf’s financial position as a result of a change in foreign currency
exchange rates.

NewGenIvf’s monetary
assets and liabilities are mainly denominated in HK$ and THB which are the same as the functional currencies of the relevant group entities.
Hence, in the opinion of the directors of NewGenIvf, the currency risk of US$ is considered insignificant. NewGenIvf currently does not
have a foreign currency hedging policy to eliminate currency exposures. However, the directors monitor the related foreign currency exposure
closely and will consider hedging significant foreign currency exposures should the need arise.

Economic and political risks

NewGenIvf’s operations
are mainly conducted in Thailand, Cambodia and Kyrgyzstan. Accordingly, NewGenIvf’s business, financial condition, and results of
operations may be influenced by changes in the political, economic, and legal environments in Thailand, Cambodia and Kyrgyzstan.

NewGenIvf’s operations
in Thailand, Cambodia and Kyrgyzstan are subject to special considerations and significant risks not typically associated with companies
in North America and Western Europe. These include risks associated with, among other things, the political, economic and legal environment
and foreign currency exchange. NewGenIvf’s results may be adversely affected by changes in the political and social conditions in
Thailand, Cambodia and Kyrgyzstan, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures,
currency conversion, remittances abroad, and rates and methods of taxation, among other things.

Travel restriction risk

International clients contribute
a large portion of NewGenIvf’s revenue. International clients need to travel to Thailand, Cambodia and Kyrgyzstan for treatment
services, where NewGenIvf’s operations are mainly conducted.

International