Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 171

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 11
Chunk 171
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 2025, management believes that we are not exposed to significant
currency risk.

The
following table presents the potential effects on profit before tax of a hypothetical change of +/- 500 basis points (“bps”)
in year-end exchange-rates, applied to the Company’s net balances of trade receivables and trade payables in foreign currencies.

                        At March 31, 2023                                            At March 31, 2024                             At March 31, 2025                                                                   
  Foreign Currency      Notional profit before tax expense (US$)                     Notional profit before tax expense (US$)      Notional profit before tax expense (US$)                                            
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  RMB                                                                 7,753,877                                                                                                  3,335,022      166,751      (166,751  
  VND                                                                 -                                                                                                           (165,116       (8,256         8,256  

We
currently do not have a foreign currency hedging policy. However, management monitors foreign exchange exposure and will consider hedging
significant foreign exchange exposure should the need arise.

Price
Risk

We held investment in marketable
debt securities which are exposed to market price fluctuation risk. To manage this risk, our management continuously monitors the financial
condition of the security issuers and market price fluctuations. Appropriate actions including selling the position will be taken should
the need arise. For the years ended March 31, 2023, 2024 and 2025, losses resulting from the impairment of investment in marketable debt
securities to reflect the decline in value considered to be other-than-temporary were US$60,754, US$42,291 and 55, respectively.

Interest
Rate Risk

Our
exposure to the risk of changes in market interest rates relates primarily to our bank borrowings with floating interest rates and our
investment in marketable debt securities. Our policy is to obtain the most favorable interest rates available for our borrowings. Management
monitors interest rate exposure and will consider hedging significant interest rate exposures should the need arise. For our investment
in marketable debt securities, our management considers the investment objective with respect to the position of the investment and monitors
the impact on market price due to changes in interest rate.

The
following table presents the potential effects on net interest income or expenses of a