Company: LHI
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046955
Chunk: 122

Company: Living Homeopathy International Ltd.
Filing Date: 2025-05-23
Form: F-1
Chunk 122
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,884 decrease in products testing fee in obtaining product certificates from the Hong Kong Standards and Testing Centre, the Hong
Kong Certification Limited and NSF (US).

Staff costs and employee benefits

Our staff costs and employee benefits consist
of salaries and employee benefits paid and payable to our employees. Our staff costs and employee benefits increased by $43,060 or 10.8%
from $399,787 for the six months ended September 30, 2023 to $442,847 for the six months ended September 30, 2024. As a percentage of
staff costs and employee benefits accounted for 10.9% and 9.1% of our total revenue for the six months ended September 30, 2024 and 2023,
respectively. The increase in staff costs and employee benefits was primarily attributable to increase of $64,528 in directors’
remuneration and partially offset by decrease of $24,921 in staff salaries as decrease in headcount from 16 to 15.

Depreciation

Our depreciation consists of depreciation
charge on land and building owned by the Company. Our depreciation decreased by $21,678 or 50.3% from $43,121 for the six months ended
September 30, 2023 to $21,443 for the six months ended September 30, 2024. The decrease in depreciation was due to transferring the ownership
of the land and building to Mr. To, the controlling shareholder on August 13, 2024.

Lease expenses

Our lease expenses consist of rental expenses
for our retail store and warehouse. Our lease expenses remained relatively stable at approximately $136,000 for the six months ended
September 30, 2024 and 2023, respectively.

Legal and professional fee

Our legal and professional fee for the six
months ended September 30, 2024 primarily consists of auditor’s remuneration, amounting to $250,000.

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Other general and administrative expenses

Our other general and administrative expenses
primarily include repair and maintenance for our retail store, consumables, system fees, property related expenses, office expenses and
other miscellaneous administrative expenses.

Our general and administrative expenses remained
relatively stable at approximately $199,000 and $203,000 for the six months ended September 30, 2023 and 2024, respectively. As a percentage
of revenue, other general and administrative expenses accounted for 5.0