Company: OSRH
Filing Date: 2025-06-10
Form Type: S-1/A
Source: 0001213900-25-053114
Chunk: 67

Company: OSR Holdings, Inc.
Filing Date: 2025-06-10
Form: S-1/A
Chunk 67
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 $ |       5,526 |   |
| Foreign exchange gains                 |     |   |         491 |   |     |   |      11,726 |   |
| Gains on foreign currency translation  |     |   |      18,582 |   |     |   |      12,619 |   |
| Interest expense                       |     |   |     (16,399 | ) |     |   |     (13,545 | ) |
| Losses on foreign currency transaction |     |   |      (9,274 | ) |     |   |     (20,695 | ) |
| Losses on foreign currency translation |     |   |     (15,507 | ) |     |   |     (47,391 | ) |

| (7) | Cash                 
 and cash equivalents |

The Group considers all money market funds and highly liquid
financial instruments with original maturities of three months or less to be cash equivalents.

|                           |     |   | March 31, 
      2025 |     |   | December 31, 
         2024 |
|:--------------------------|:----|:--|----------:|:----|:--|-------------:|
| Cash and cash equivalents |     | $ | 1,595,697 |     | $ |      341,543 |

| (8) | Trade                      
 and other receivables, net |

All trade receivables are recorded at the invoiced amount
and do not bear interest. Amounts collected on trade receivables are included in net cash provided by operating activities in the statements
of cash flows.

|                                   |     |   | March 31, 
      2025 |   |     |   | December 31, 2024 |   |
|:----------------------------------|:----|:--|----------:|:--|:----|:--|------------------:|:--|
| Trade receivables                 |     | $ |   860,514 |   |     | $ |           972,036 |   |
| Less: Allowance for credit losses |     |   |   (66,007 | ) |     |   |           (67,580 | ) |
| Net trade receivables             |     |   |   794,507 |   |     |   |           904,456 |   |
| Other receivables                 |     |