Company: MASK
Filing Date: 2025-11-25
Form Type: F-1
Source: 0001185185-25-001852
Chunk: 136

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-11-25
Form: F-1
Chunk 136
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 consist of professional fees, audit fees, legal fees, and other general costs. Exchange loss Exchange loss decreased by US$218, or 88.62%, from a net loss of US$246 for the year ended June 30, 2023, to a net loss of US$28 for the year ended June 30, 2024. Exchange loss primarily included loss from accounts receivable and payable due to exchange rate fluctuation. Other expenses Other expenses decreased from negative US$2,240 as of June 30, 2023, to nil as of June 30, 2024, decreased by US$2,240 or 100%. This was primarily due to a decrease in handling charges. 77 Income before income taxes Our income before income taxes increased by US$801,773 to US$817,562 for the year ended June 30, 2024 from US$15,789 for the year ended June 30, 2023. Provision for income taxes Our provision for income taxes for the years ended June 30, 2024 and 2023 was US$114,958 and US$1,767, respectively, which were tax expenses mainly generated from Hong Kong. Net Income from continuing operation Net income from continuing operation increased by US$688,582, or 4,910.74% to US$702,604 for the year ended June 30, 2024, as compared with the net income from continuing operation of US$14,022 for the year ended June 30, 2023. Gain loss from discontinued operation, net of income taxes Our loss from discontinued operations was US$845,743, for the year ended June 30, 2024, as compared with a gain from discontinued operations of US$982,135 for the year ended June 30, 2023. The summarized operating result of discontinued operation included in our consolidated statements of operation as follows:

|                                        |     | For The Year Ended 
 June 30,           |       2024 |   |     |   |      2023 |   |
|:---------------------------------------|:----|:-------------------|-----------:|:--|:----|:--|----------:|:--|
| Revenues                               |     | $                  |  3,702,619 |   |     | $ | 1,634,221 |   |
| Cost of revenues                       |     |                    | (2,216,444 | ) |