Company: CHOW
Filing Date: 2025-04-01
Form Type: F-1
Source: 0001641172-25-001938
Chunk: 225

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-04-01
Form: F-1
Chunk 225
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 to 500,000,000 ordinary shares of par value US$0.0001 each and the one issued share was sub-divided into 10 ordinary shares on 18 October, 2024. The Company has completed a reorganization on October 24, 2024 following which Vigorous Elite Holdings Limited and Sereno Cloud Solution HK Limited came under the control of the Company. 32,500,000 ordinary shares of par value US$0.0001 each was in issue on October 24, 2024.

15. EARNING PER SHARE

The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2022, and December 31, 2023:

|                                                                   |     | As of December 31, |            |     |      |            |     |           |            |
|                                                                   |     |               2022 |            |     | 2023 |            |     |           |            |
|                                                                   |     |                HK$ |            |     |  HK$ |            |     | US$ (Note 
 2(e))     |            |
| Numerator:                                                        |     |                    |            |     |      |            |     |           |            |
| Numerator for basic and diluted earnings per share –              
 net income attributable to the Company’s shareholders             |     |                    |  4,890,720 |     |      | 12,105,673 |     |           |  1,552,009 |
| Denominator:                                                      |     |                    |            |     |      |            |     |           |            |
| Denominator for basic and diluted net income per share – weighted 
 average number of shares*                                         |     |                    | 32,500,000 |     |      | 32,500,000 |     |           | 32,500,000 |
| Basic and diluted earnings per share:                             |     |                    |       0.15 |     |      |       0.37 |     |           |       0.05 |

* Retroactively presented for the effect of reorganization for the Company’s initial public offering

Explanation of EPS Calculation

Basic earnings per share is calculated by dividing the net income attributable to the Company’s shareholders by the weighted average number of ordinary shares outstanding during the period. For the years ended December 31, 2022, and 2023, the Company had 32,