Company: GINT
Filing Date: 2025-10-15
Form Type: F-1/A
Source: 0001213900-25-099087
Chunk: 110

Company: Gifts International Holdings Ltd
Filing Date: 2025-10-15
Form: F-1/A
Chunk 110
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 depreciation of plant and equipment, defined benefit costs, depreciation on right -of-useassets and finance cost for lease liabilities; and (ii) net decrease in working capital of HK$2.1 million mainly attributable to cash outflow arising from (i) lease liabilities of HK$1.1 million; (ii) inventories of HK$0.8 million; and (iii) accounts receivable of HK$0.6 million, which were offset by cash inflow arising from income tax payable of HK$0.6 million. Cash used in investing activities Net cash used in investing activities for FY2024 and FY2025 were HK$73,996 and HK$115,553 (US$14,852) respectively, which represent cash payment for purchase of plant and equipment. Cash used in financing activities For FY 2025, net cash used in financing activities was HK$9.8million (US$1.3million), mainly consisted of (i) payments on deferred offering costs of HK$5.7million; (ii) repayment to a shareholder of HK$2.4million; and (iii) repayment to bank borrowings of HK$1.5million. For FY2024, net cash used in financing activities was HK$2.4 million, mainly consisted of (i) repayment to a shareholder of HK$3.7 million; and (ii) repayment to bank borrowings of HK$1.5 million, which are offset by proceed from bank borrowings of HK$2.5 million. Off-Balance Sheet Arrangements We had not entered any material off -balancesheet transactions and arrangements during the years ended March 31, 2024 and 2025.

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Contractual obligations The following table summarizes our contractual obligations as of March 31, 2025:

|                            |     | Payment due by period |     |              |     |           |     |           |
|                            |     |             Less than 
                1 year |     | 1 to 3 years |     | More than 
   3 years |     |     Total |
|                            |     |                   HKD |     |          HKD |     |       HKD |     |       HKD |
| Bank borrowings            |     |             1,564,669 |     |    3,221,742 |     |   994,734 |     | 5,781,145 |
| Finance lease obligation   |     |