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Consolidated Statements of Income and Comprehensive Income
12 Months Ended
Dec. 31, 2024
HKD ($)
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
HKD ($)
$ / shares
shares
Dec. 31, 2022
HKD ($)
$ / shares
shares
REVENUES, NET $ 235,667,734 $ 30,339,448 $ 174,202,627 $ 347,451,568
COST OF REVENUES        
COST OF REVENUES (186,223,181) (23,974,043) (139,154,316) (305,616,607)
Gross profit 49,444,553 6,365,405 35,048,311 41,834,961
EXPENSES        
Selling and marketing (4,392,521) (565,486) (3,132,277) (2,631,231)
Depreciation – related party (720,000) (92,692) (720,000) (720,000)
Depreciation (3,831,567) (493,269) (2,540,273) (2,485,017)
Amortization (1,481,738) (190,756) (112,049) (137,358)
Staff cost (18,486,483) (2,379,917) (13,260,898) (12,436,317)
Professional fee (2,840,139) (365,634) (2,204,622) (3,654,819)
Provision for expected credit losses (1,253,368) (161,356) (1,383,316)
Others (4,867,313) (626,610) (2,648,351) (834,906)
Total expenses (37,873,129) (4,875,720) (26,001,786) (22,899,648)
INCOME FROM OPERATION 11,571,424 1,489,685 9,046,525 18,935,313
OTHER INCOME (EXPENSES)        
Interest income 31,954 4,114 92,951 1
Interest expense (3,759,032) (483,931) (5,759,182) (6,133,455)
Agency income – related party 1,170,664 150,709 2,662,034 2,586,019
Other income 134,230 17,280 326
Other expense (302,784) (7,444)
Total other expenses, net (2,422,184) (311,828) (3,306,655) (3,554,879)
Income before tax expenses 9,149,240 1,177,857 5,739,870 15,380,434
Income tax expenses (1,085,909) (139,798) (1,325,137) (2,979,918)
NET INCOME 8,063,331 1,038,059 4,414,733 12,400,516
Foreign currency translation adjustment 154,174 19,848 (1,125,947) 2,514,162
TOTAL COMPREHENSIVE INCOME $ 8,217,505 $ 1,057,907 $ 3,288,786 $ 14,914,678
Weighted average number of ordinary shares*:        
Basic (in Shares) [1] 19,603,716 19,603,716 18,000,000 18,000,000
Diluted (in Shares) [1] 19,603,716 19,603,716 18,000,000 18,000,000
Earnings per share – basic (in Dollars per share and Dollars per share) | (per share) $ 0.41 $ 0.05 $ 0.25 $ 0.69
Earnings per share – diluted (in Dollars per share and Dollars per share) | (per share) $ 0.41 $ 0.05 $ 0.25 $ 0.69
Related parties        
COST OF REVENUES        
COST OF REVENUES $ (7,915,189) $ (1,018,987) $ (34,213,521) $ (103,159,420)
External        
COST OF REVENUES        
COST OF REVENUES $ (178,307,992) $ (22,955,056) $ (104,940,795) $ (202,457,187)
[1] Giving retroactive effect to (i) all the 11,250,000 shares issued and outstanding for a share split at a ratio of 1-to-1.6 on July 14, 2023; and (ii) a share re-classification to Class A ordinary shares and Class B ordinary shares on March 3, 2025.