Company: MEGL
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001641172-25-016831
Chunk: 182

Company: Magic Empire Global Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 182
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         2024 |         |     | 2024 |      |   |
|            |     |          HK$ |           |     |      |      |   |     |          HK$ |           |     |      |      |   |     |          US$ |         |     |      |      |   |
| Customer D |     |              |         — |     |      |    — |   |     |              |   180,000 |     |      | 10.0 | % |     |              |  23,173 |     |      | 10.0 | % |
| Customer E |     |              |         — |     |      |    — |   |     |              |   800,000 |     |      | 44.6 | % |     |              | 102,991 |     |      | 44.6 | % |
| Customer H |     |              |   819,940 |     |      | 35.6 | % |     |              |   435,588 |     |      | 24.3 | % |     |              |  56,077 |     |      | 24.3 | % |
| Customer I |     |              |   842,496 |     |      | 36.6 | % |     |              |         — |     |      |    — |   |     |              |       — |     |      |    — |   |
|            |     |              | 1,662,436 |     |      | 72.2 | % |     |              | 1,415,588 |     |      | 78.9 | % |     |              | 182,241 |     |      | 78.9 | % |

Interest rate risk

The Group’s exposure on fair value interest rate risk mainly arises from its fixed deposits with bank. It also has exposure on cash flow interest rate risk which is mainly arising from its deposits with banks.

In respect of the exposure to cash flow interest rate risk arising from floating rate non-derivative financial instruments held by the Group, such as cash, at the end of the reporting period, the Group is not exposed to significant interest rate risk as the interest rates of cash at bank are not expected to change significantly.

Foreign currency risk

The Group is exposed to foreign currency risk primarily through service income that are denominated in a currency other