Company: PLTYF
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001410578-25-001412
Chunk: 52

Company: Plastec Technologies, Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 52
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 the provision for income taxes in the period in which such determination is made. The provision for income taxes includes the effect of reserve provisions and changes to reserves that are considered appropriate. We have filed tax returns that are subject to audit or examination by competent tax authorities. Although the ultimate outcome is unknown, we believe that any adjustments that may result from tax return audits or examinations are not likely to have a material or adverse effect on our consolidated results of operations, financial condition or cash flows.Impairment of long-lived assetsWe periodically evaluate the carrying value of long-lived assets to be held and used when events and circumstances warrant such a review. The carrying value of a long-lived asset is considered impaired when the anticipated undiscounted cash flow from such asset is separately identifiable and is less than its carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair market value of the long-lived asset. Fair market value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved. Losses on long-lived assets to be disposed of are determined in a similar manner, except that fair market values are reduced for the cost to dispose.RevenuesNo revenues were generated in the fiscal years ended December 31, 2022, 2023 and 2024, whilst we had recorded other income of approximately HK$91,000 from reversed over-accrued expenses for fiscal year ended December 31, 2022, and approximately HK$118,000 mainly from gain on disposals of plant and equipment for fiscal year ended December 31, 2024.​​​​Fiscal Years Ended December 31,​​2022​2023​2024​​​(HK$’000)​​Amount% of TotalAmount% of TotalAmount% of Total​Other income​91​100.0%—​0.0%118​100.0%​
29

Operating Costs Our operating expenses in fiscal years ended December 31, 2022, 2023 and 2024 consisted of the following:

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| ​                                            | ​ | Fiscal Years Ended December 31, |   |            |   |        |   |            |   |        |   |            |   |
| ​                                            | ​ |                            2022 |   |            | ​ |   2023 |