Company: NIVFW
Filing Date: 2025-10-10
Form Type: F-1/A
Source: 0001213900-25-098135
Chunk: 239

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-10
Form: F-1/A
Chunk 239
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CNY”) as its functional currency. F-43

Assets and liabilities denominated in currencies other than the reporting currency are translated into the reporting currency at the rates of exchange prevailing at the balance sheet date. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. Translation gains and losses are recognized in the consolidated statements of operations and comprehensive income as other comprehensive income or loss.

Transactions in currencies other than the reporting currency are measured and recorded in the reporting currency at the exchange rate prevailing on the transaction date. The cumulative gain or loss from foreign currency transactions is reflected in the consolidated statements of operations and comprehensive income as other income (other expenses).

The value of foreign currencies including, the HK$, THB and RMB, may fluctuate against the United States dollar. Any significant variations of the aforementioned currencies relative to the United States dollar may materially affect the Company’s financial condition in terms of reporting in USD. The following table outlines the currency exchange rates that were used in preparing the accompanying consolidated financial statements:

|                |     |        |     | 2025 |         |     | 2024 |         |     | 2023 |         |
| Period-end     |     | $: HK$ |     |      |  7.8000 |     |      |  7.8000 |     |      |  7.8000 |
| Period average |     | $: HK$ |     |      |  7.8000 |     |      |  7.8000 |     |      |  7.8000 |
| Period-end     |     | $: THB |     |      | 34.3353 |     |      | 34.3353 |     |      | 34.2265 |
| Period average |     | $: THB |     |      | 34.3173 |     |      | 35.2262 |     |      | 34.7867 |
| Period-end     |     | $: RMB |     |      |  7.2994 |     |      |  7.2994 |     |      |  7.0971 |
| Period average |     | $: RMB |     |      |  7.2076 |     |      |  7.1946 |     |      |  7.0835 |

Cash