Company: GINT
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001213900-25-044839
Chunk: 105

Company: Gifts International Holdings Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 105
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33.7 |
| Total                |     |                     41,108,608 |     | 100.0 |     | 41,698,700 |     | 100.0 |

During the reporting periods, revenue was mainly contributed by the sales to corporate clients, which accounted for approximately 65.8% and 66.3% of total revenue in 6M2023 and 6M2024 respectively. Revenue generated from corporate clients increased by approximately HK$0.6 million or 2.17% from HK$27.1 million for 6M2023 to

57

HK$27.6 (US$3.6 million) for 6M2024. For the six months ended September 30, 2023 and 2024, our revenues were HK$41.1 million and HK$41.7 million (US$5.4 million) respectively. The moderate increase of approximately 1.4% was mainly driven by the generic growth in demand for our services from existing clients. Cost of revenues Cost of revenues consists primarily of (i) cost of floral and non -floralmerchandise sold from inventory or through third parties; (ii) bouquet fulfillment costs; and (iii) cost associated with wrapping and packaging. The table below sets out our cost of revenues for the periods indicated.

|                                                                                        |     | Six months ended September 30, |     |       |     |            |     |       |
|                                                                                        |     |                           2023 |     |       |     |       2024 |     |       |
|                                                                                        |     |                            HKD |     |     % |     |        HKD |     |     % |
| Cost of floral and non-floral merchandise sold from inventory or through third parties |     |                     17,890,880 |     |  69.8 |     | 16,388,542 |     |  62.5 |
| Bouquet fulfillment costs                                                              |     |                      4,428,347 |     |  17.3 |     |  5,069,792 |     |  19.4 |
| Cost associated with wrapping and packaging                                            |     |                      3,325,050 |     |  12.9 |     |  4,754,562 |     |  18.1 |
| Total cost of revenues                                                                 |     |                     25,644,277 |     |