Company: BGHL
Filing Date: 2025-10-01
Form Type: F-1/A
Source: 0001213900-25-094318
Chunk: 108

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-01
Form: F-1/A
Chunk 108
---
 that of HK$1,163,490 for the six months ended June 30, 2024. Net income was HK$4,480,119 for the six months ended June 30, 2025, compared to HK$73,526 for the six months ended June 30, 2024. Movement in activities from inventories was an increase of HK$225,320 for the six months ended June 30, 2025, compared to nil for the six months ended June 30, 2024. The decrease in stock level was due to the lower inventory level as a result of the improved supply time through internal review and improvement of the inventory process. As a result, the inventory level was zero as at June 30, 2025. Movement in activities from accounts receivable was an increase of HK$36,649,022 for the six months ended June 30, 2025, compared to a decrease of HK$1,476,913 for the six months ended June 30, 2024. The significant decrease in accounts receivable was due to the decrease in sales in April to June 2025 as compared to October to December 2024. Movement in activities from other current assets was a decrease of HK$6,724,839 for the six months ended June 30, 2025, compared to that of HK$10,263,534 for the six months ended June 30, 2024. The increase in other current assets was due to the prepayments made to suppliers for purchases of goods. As agreed with the major suppliers during the six months ended June 30, 2025, the Group would pay to the suppliers before goods delivery and the suppliers would offer lower price of food products in return. Movement in activities from other non -currentassets was a decrease of HK$30,000 for the six months ended June 30, 2025, compared to nil for the six months ended June 30, 2024. The increase in other non -currentassets solely represented the rental and utility deposits paid for an office premises newly leased during the six months ended June 30, 2025. There were no other non -currentassets as of December 31, 2024. Movement in activities from amounts due from former related companies was nil for the six months ended June 30, 2025, compared to an increase of HK$2,914,802 for the six months ended June 30, 2024.