Company: BGHL
Filing Date: 2025-07-31
Form Type: DRS/A
Source: 0001213900-25-069626
Chunk: 186

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-07-31
Form: DRS/A
Chunk 186
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 from the date that a taxpayer issued with an assessment. As of December 31, 2024 and 2023, the Group had no open tax investigation from the tax authority. 14. SEGMENT INFORMATION Reportable Segments The Group operates as a single reportable segment, which is consistent with how the CODM, the Chief Executive Officer, allocates resources and assesses performance. The Group’s operations are centralized and integrated, with financial results reviewed and managed on a consolidated basis. Accordingly, management has determined that the Group has one reportable segment under ASC Topic 280, Segment Reporting. Measure of Segment Profit or Loss The CODM reviews financial information on a consolidated basis, using Operating Income as the primary measure of segment performance. Operating Income is defined as revenues less cost of revenues and operating expenses, excluding interest income, interest expense and income taxes. Significant Segment Expense Categories Provided to CODM The CODM regularly receives and reviews the following expense categories, which are included in the segment’s measure of profit or loss.

F-16

BILLION GROUP HOLDINGS LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 14. SEGMENT INFORMATION (cont.)

|                             |     |   Year Ended 
 December 31, 
         2024 |     |   Year Ended 
 December 31, 
         2024 |     |   Year Ended 
 December 31, 
         2023 |
|:----------------------------|:----|-------------:|:----|-------------:|:----|-------------:|
|                             |     |          US$ |     |          HK$ |     |          HK$ |
| Revenues                    |     |    6,773,938 |     |   52,836,714 |     |   20,811,124 |
| Cost of revenues            |     |    5,456,836 |     |   42,563,319 |     |   17,395,902 |
| Operating expenses          |     |              |     |              |     |              |
| – Transportation charges    |     |        7,692 |     |       60,000 |     |       31,500 |
| – Management fee            |     |      203,077 |     |    1,584,000 |     |    1,867,971 |
| – Travelling expenses       |     |        2,200 |     |       17,158 |     |       37,