Company: KMRK
Filing Date: 2025-06-05
Form Type: F-1/A
Source: 0001213900-25-051459
Chunk: 100

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-06-05
Form: F-1/A
Chunk 100
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 net cash provided by operating activities amounted to US$37,755. Cash provided by operations was primarily attributable to net income of US$585,975, adjusted by a decrease in accounts receivables of approximately US$2.0million, an increase in accounts payables of approximately US$0.7million, and an increase in amounts due to related parties of approximately US$0.7million. For the six months ended September 30, 2023, net cash used in operating activities amounted to approximately US$3.5million. Cash provided by operations was primarily attributable to net income of approximately US$0.6 million, adjusted by a decrease in account receivables of approximately US$1.0million, and an increase in account payables of approximately US$3.2million. Cash provided by (used in) investing activities For the six months ended September 30, 2024, cash provided by investing activities was US$53,285. Cash provided by interest received US$53,285. For the six months ended September 30, 2023, cash used in investing activities was US$15,720. Cash used in financing activities For the six months ended September 30, 2024, cash used in financing activities amounted to US$144,580, which consisted of proceeds from bank loans of approximately US$0.6million, repayment of bank borrowing of US$87,993, payment of lease liabilities of US$60,668, net repayments to related parties of US$266,905. For the six months ended September 30, 2023, cash used in financing activities amounted to US$327,290, which consisted of proceeds from bank loans of approximately US$0.6million, repayment of bank borrowing of US$118,356, and payment of lease liabilities of US$87,498. Our use of cash was primarily related to operating activities and payment for offering cost in the years ended March 31, 2024 and 2023. We have historically financed our operations primarily through our cash flow generated from our operations and bank borrowings. In view of the current cash and bank balances, funds generated by our operating activities and bank loans, we believe our Company has sufficient resources to meet the working capital needs in the next 12 months from the date the audited financial statements are issued. However, our ability to meet the liquidity and capital requirements will be subject to future economic conditions and other factors which are beyond our control.

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