Company: CCHH
Filing Date: 2025-09-12
Form Type: F-1/A
Source: 0001213900-25-087080
Chunk: 68

Company: CCH Holdings Ltd
Filing Date: 2025-09-12
Form: F-1/A
Chunk 68
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     |        5.6 |
| Others                               |     |                          165,399 |     |     65.1 |     |   247,592 |     |     67.5 |     |   82,193 |     |       49.7 |
| Total                                |     |                        2,209,479 |     |     22.6 |     | 2,406,261 |     |     27.0 |     |  196,782 |     |        8.9 |

Operating Expenses Selling and Marketing Expenses Our selling and marketing expenses primarily consist of (i) advertising and promotion expenses incurred to promote our brand image and awareness, (ii) payroll expenses including salaries and related social insurance expenses for marketing personnel, and (iii) others. General and Administrative Expenses Our general and administrative expenses primarily consist of (i) payroll expenses including salaries and related social insurance expenses for management and administrative personnel, (ii) office and utilities expenses, (iii) rental expenses for office space, (iv) professional services expenses, (v) travelling expenses, (vi) depreciation and amortization expenses for property and equipment and software used for office purpose, (vii) insurance expenses, and (viii) other miscellaneous administrative expenses. Financial Expenses, Net Our financial expenses, net primarily consist of interest expenses for borrowings and miscellaneous bank charges, partially offset by interest income from bank deposits. Comparison of Years Ended December 31, 2023 and 2024 Revenues We recorded total revenues of US$8.92 million for the year ended December 31, 2024, representing a decrease of 8.8% from US$9.78 million for the year ended December 31, 2023, primarily driven by the decrease in revenues generated from our company -ownedrestaurant operations, partially offset by the increase in revenues generated from sales of food ingredients and condiments, franchise licensing and others.

50 Restaurant Operations Company -owned restaurant operations.Revenues from company -ownedrestaurant operations decreased by 19.1% from US$8.21 million for the year ended December31, 2023 to US$6.64 million for the year ended December31, 2024, primarily attributable to (i) the significant sales decrease in five company -ownedrestaurant outlets that led to a decrease in sales of US$1.27million, among which we decided to close down two during the second half of 2024 with the plan to search for