Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 146

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 146
---
 for the year ended June 30, 2025, as compared with a net income from continuing operation of US$702,604 for the year ended June 30, 2024.

Gain loss from discontinued operation, net of income taxes

Our loss from discontinued operations was US$712,887, for the year ended June 30, 2025, as compared with a gain from discontinued operations of US$845,743 for the year ended June 30, 2024.

The summarized operating result of discontinued operation included our consolidated statements of operation is as follows:

|                                            |     | For The Year Ended 
 June 30,           |       2025 |   |     |   |       2024 |   |
|:-------------------------------------------|:----|:-------------------|-----------:|:--|:----|:--|-----------:|:--|
| Revenues                                   |     | $                  |  1,825,288 |   |     | $ |  3,702,619 |   |
| Cost of Revenues                           |     |                    | (1,121,174 | ) |     |   | (2,216,444 | ) |
| Taxes and other surcharges                 |     |                    |     (5,598 | ) |     |   |     (9,934 | ) |
| Gross profit                               |     |                    |    698,516 |   |     |   |  1,476,241 |   |
| Operating expenses                         |     |                    |   (551,578 | ) |     |   |   (471,218 | ) |
| Other income, net                          |     |                    |      1,501 |   |     |   |     10,178 |   |
| Income before income taxes                 |     |                    |    148,439 |   |     |   |  1,015,201 |   |
| Income tax expenses                        |     |                    |     19,381 |   |     |   |   (169,458 | ) |
| Loss on sale of discontinued operation     |     |                    |   (880,707 | ) |     |   |          - |   |
| (Loss)/income from discontinued operations |     | $                  |   (712,887 | ) |     | $ |    845,743 |   |

Net income/(loss)

Net income decreased by US$783,428