Company: CHOW
Filing Date: 2025-02-28
Form Type: DRS/A
Source: 0001493152-25-008591
Chunk: 95

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-02-28
Form: DRS/A
Chunk 95
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     96,095 |     |   |   0.1 |     |                 |    127,243 |     |                  |     16,313 |     |   |   0.1 |     |        |  32.4 |   |
|                             |     |                       |  1,585,018 |     |   |   1.8 |     |                 |  2,566,026 |     |                  |    328,978 |     |   |   2.6 |     |        |  61.9 |   |
| Total                       
 revenues                    |     |                       | 89,013,224 |     |   | 100.0 |     |                 | 98,293,397 |     |                  | 12,601,718 |     |   | 100.0 |     |        |  10.4 |   |

Revenues increased by HK$ 9 .3million, or 10.4%, to HK$ 98.3million (US$ 12.6million) for the six months ended June 30, 2024 compared to HK$ 89.0million for the same period in 2023.

The increase in revenues was mainly attributable to a cloud service solution project amounted to HK$18.9 million (US$2.4 million) for a new customer located in Singapore.

Cost of revenues

The following table presented the breakdown of our costs of revenues for the six months ended June 30, 2023 and 2024:

|                                                                                      |     | Six months ended June 30, |            |     |   |       |     |      |            |     |     |            |     |   |       |     |        |       |   |
|                                                                                      |     |                      2023 |            |     |   |       |     | 2024 |            |     |     |            |     |   |       |     | Change |       |   |
|                                                                                      |     |                       HK$ |            |     | % |       |     |  HK$ |            |     | US$ |            |     | % |       |     | %      |       |   |
| Cost of Products:                                                                    |     |                           |            |     |   |       |     |      |            |     |     |            |     |   |       |     |