Company: CHOW
Filing Date: 2025-04-01
Form Type: F-1
Source: 0001641172-25-001938
Chunk: 285

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-04-01
Form: F-1
Chunk 285
---
Note 2(e)) |            |
|                                                                           |     |                        -Unaudited |            |     | -Unaudited |            |     | -Unaudited      |            |
| Numerator:                                                                |     |                                   |            |     |            |            |     |                 |            |
| Numerator for basic and diluted earnings per share – net                  
 income attributable to the Company’s shareholders                         |     |                                   |  6,490,950 |     |            |  6,934,560 |     |                 |    889,046 |
| Denominator:                                                              |     |                                   |            |     |            |            |     |                 |            |
| Denominator for basic and diluted net income per share – weighted average 
 number of shares*                                                         |     |                                   | 32,500,000 |     |            | 32,500,000 |     |                 | 32,500,000 |
| Basic and diluted earnings per share:                                     |     |                                   |       0.20 |     |            |       0.21 |     |                 |       0.03 |

* Retroactively presented for the effect of reorganization
for the Company’s initial public offering

Explanation of EPS Calculation

Basic earnings per share is calculated by dividing
the net income attributable to the Company’s shareholders by the weighted average number of ordinary shares outstanding during
the period. For the six months ended June 30, 2023, and 2024, the Company had 32,500,000 ordinary shares outstanding, and there were
no changes in the number of shares during the periods presented.

Diluted earnings per share is calculated by dividing
net income attributable to the Company’s shareholders by the weighted average number of shares outstanding during the period, including
the effect of all potentially dilutive securities, if any. For the six months ended June 30, 2023, and 2024, the Company had no dilutive
securities outstanding, resulting in basic and diluted earnings per share being the same.

No Potential Dilutive or Anti-Dilutive Securities

As of December 31, 2023 and June 30, 2024, the Company
did not have any options, warrants, convertible securities, or other instruments that could potentially dilute the earnings per share
calculation. Therefore, the Company’s basic earnings per share and diluted earnings per share are the same for both years.

Additional Information

The weighted