Company: GINT
Filing Date: 2025-03-12
Form Type: DRS/A
Source: 0001213900-25-022887
Chunk: 111

Company: Gifts International Holdings Ltd
Filing Date: 2025-03-12
Form: DRS/A
Chunk 111
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 |     |             |   |     |      |            |   |
| Basic and diluted*                          |     |                                |     100,000 |   |     |     100,000 |   |     |      |    100,000 |   |

The table below sets out our revenue breakdown by customer types for the periods indicated.

|                      |     | Six months ended September 30, |     |       |     |            |     |       |
|                      |     |                           2023 |     |       |     |       2024 |     |       |
|                      |     |                            HKD |     |     % |     |        HKD |     |     % |
| Corporate clients    |     |                     27,059,817 |     |  65.8 |     | 27,646,238 |     |  66.3 |
| Individual customers |     |                     14,048,791 |     |  34.2 |     | 14,052,462 |     |  33.7 |
| Total                |     |                     41,108,608 |     | 100.0 |     | 41,698,700 |     | 100.0 |

During the reporting periods, revenue was mainly contributed by the sales to corporate clients, which accounted for approximately 65.8% and 66.3% of total revenue in 6M2023 and 6M2024 respectively. Revenue generated from corporate clients increased by approximately HK$0.6 million or 2.17% from HK$27.1 million for 6M2023 to

59

HK$27.6 (US$3.6 million) for 6M2024. For the six months ended September 30, 2023 and 2024, our revenues were HK$41.1 million and HK$41.7 million (US$5.4 million) respectively. The moderate increase of approximately 1.4% was mainly driven by the generic growth in demand for our services from existing clients. Cost of revenues Cost of revenues consists primarily of (i) cost of floral and non -floralmerchandise sold from inventory or through third parties; (ii) bouquet fulfillment costs; and (iii) cost associated with wrapping and packaging. The table below sets out our cost of revenues for the periods indicated.

|                                                                                        |     | Six months ended September 30,