Company: NIVFW
Filing Date: 2025-03-07
Form Type: F-1
Source: 0001213900-25-021404
Chunk: 232

Company: NewGenIvf Group Ltd
Filing Date: 2025-03-07
Form: F-1
Chunk 232
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 |     | $    |       318,841 |     | $    |        9,374 |
|                |     | $    |       318,841 |     | $    |        9,374 |

The movement of allowances for expected credit
loss is as follow:

|                                           |     | 2024 | September 30, |   |     | 2023 | December 31, |   |
|:------------------------------------------|:----|:-----|--------------:|:--|:----|:-----|-------------:|:--|
| Balance at beginning of the year          |     | $    |           (19 | ) |     | $    |          (26 | ) |
| Reversal (provision) of provision         |     |      |             1 |   |     |      |            7 |   |
| Effect of currency translation adjustment |     |      |             — |   |     |      |            — |   |
| Ending balance                            |     | $    |           (18 | ) |     | $    |          (19 | ) |

NOTE 4 — INVENTORIES

Inventories consist of the following:

|                                                                          |     | 2024 | September 30, |     | 2023 | December 31, |
|:-------------------------------------------------------------------------|:----|:-----|--------------:|:----|:-----|-------------:|
| Medicines, consumables and reagents for clinical and laboratory analyses |     | $    |        94,785 |     | $    |      126,264 |
|                                                                          |     | $    |        94,785 |     | $    |      126,264 |

F-52 NEWGENIVF GROUP LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2024 AND 2023
(Stated in US Dollars)

NOTE 5 — DEPOSITS, PREPAYMENT, OTHER RECEIVABLES AND DEFERRED IPO COST, NET

Deposits, prepayment, other receivables and deferred
IPO cost, net consist of the following:

|                                             |     | 2024 | September 30, |   |     | 2023 | December 31, |   |
|:--------------------------------------------|:----|:-----|--------------:|:--|:----|:-----