Company: BGHL
Filing Date: 2025-07-31
Form Type: DRS/A
Source: 0001213900-25-069626
Chunk: 91

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-07-31
Form: DRS/A
Chunk 91
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 |     |              |   |     |              |   |     |              |   |
| Proceeds from issuance of shares of a subsidiary         |     |        9,999 |   |     |       77,992 |   |     |            — |   |
| Proceeds from additional paid-in capital of a subsidiary |     |    1,050,484 |   |     |    8,193,768 |   |     |            — |   |
| Net cash provided by financing activities                |     |    1,060,483 |   |     |    8,271,760 |   |     |            — |   |
| Net increase in cash and cash equivalents                |     |       21,645 |   |     |      168,829 |   |     |        9,710 |   |
| Cash and cash equivalents, beginning of the year         |     |       10,469 |   |     |       81,662 |   |     |       71,952 |   |
| Cash and cash equivalents, end of the year               |     |       32,114 |   |     |      250,491 |   |     |       81,662 |   |

52 Net Cash (Used In) / Provided By Operating Activities Operating activities used cash of HK$8,102,931 for the year ended December 31 2024, compared to cash generated of HK$9,710 for the year ended December 31, 2023. Net income was HK$7,451,582 for the year ended December 31, 2024, compared to HK$830,707 for the year ended December 31, 2023. Movement in activities from inventories was an increase of HK$2,331,380 for the year ended December 31, 2024, compared to a decrease of HK$2,561,960 for the year ended December 31, 2023. The decrease in stock level was mainly due to the shorter inventory turnover days as a result of the improved supply time through internal review of the inventory process. Movement in activities from accounts receivable was a decrease of HK$30,433,288 for the year ended December 31, 2024, compared to that of HK$5,573,006 for the year ended December 31, 2023. The increase in accounts receivable was mainly due to the increase in