Company: HNIT
Filing Date: 2025-07-14
Form Type: 10-Q
Source: 0001641172-25-018889
Chunk: 18

Company: Huineng Technology Corp
Filing Date: 2025-07-14
Form: 10-Q
Item: Item 1
Chunk 18
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000  
    $4,000  
    $1,500  
    $13,500 

    Cost of revenue 
     -  
     -  
     -  
     - 
  
    General and administrative expenses 
     (12,325) 
     (6,163) 
     (2,310) 
     (20,798)

    Loss from operations 
     (4,325) 
     (2,163) 
     (810) 
     (7,298)

    Total assets 
    $9,502  
    $4,751  
    $1,782  
    $16,035 
  
    Capital expenditure 
    $432  
    $216  
    $81  
    $729 

    For the Six Months Ended and As of May 31, 2024 
  
    By Country 
    Hong Kong  
    Malaysia  
    Total 
  
    Revenue 
    $12,300  
    $1,200  
    $13,500 

    Cost of revenue 
     -  
     -  
     - 
  
    General and administrative expenses 
     (105) 
     (20,693) 
     (20,798)

    Gain/(Loss) from operations 
     12,195  
     (19,493) 
     (7,298)

    Total assets 
    $-  
    $16,035  
    $16,035 
  
    Capital expenditure 
    $-  
    $729  
    $729 

13.
SUBSEQUENT EVENTS

In
accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure
of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events or
transactions that occurred after May 31, 2025 up through the date the Company issued the financial statements.

F-11

ITEM
2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The
information contained in this quarter report on Form 10-Q is intended to update the information contained in our Form 10-K dated January
23, 2025, for the year ended November 30, 2024 and presumes that readers have