Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 150

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 150
---
:--|
| Revenues                               |     | $                  |  3,702,619 |   |     | $ | 1,634,221 |   |
| Cost of revenues                       |     |                    | (2,216,444 | ) |     |   |  (389,022 | ) |
| Taxes and other surcharges             |     |                    |     (9,934 | ) |     |   |    (3,788 | ) |
| Gross profit                           |     |                    |  1,476,241 |   |     |   | 1,241,411 |   |
| Operating expenses                     |     |                    |   (471,218 | ) |     |   |  (194,476 | ) |
| Other income, net                      |     |                    |     10,178 |   |     |   |     7,929 |   |
| Income before income taxes             |     |                    |  1,015,201 |   |     |   | 1,054,864 |   |
| Income tax expenses                    |     |                    |   (169,458 | ) |     |   |   (72,729 | ) |
| Loss on sale of discontinued operation |     |                    |          - |   |     |   |         - |   |
| Income from discontinued operations    |     | $                  |    845,743 |   |     | $ |   982,135 |   |

Net Income

Net income increased by US$552,190 or 55.45% to US$1,548,347 for the year ended June 30, 2024 from US$996,157 for the year ended June 30, 2023.

Other comprehensive income

Foreign currency translation adjustments amounted to losses of US$33,883, US$167,671, and US$158,390 for the years ended June 30, 2025, 2024, and 2023, respectively. The balance sheet amounts, with the exception of equity, as of June 30, 2025, were translated at 7.8499 HKD to 1.00 USD, as compared to 7.8083 HKD to 1.00 USD as of June 30, 2024, and 7.8363 HKD to 1.00 USD as of June 30, 2023. The equity accounts