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Related Party Balances and Transactions (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Related Party Balances and Transactions [Abstract]    
Schedule of Due to Related Parties

Due from (to) related parties consist of the following:

     

As of
December 31,
2024

 

As of June 30,
2025

       

HKD

 

HKD

 

US$

Prepayment to NCH

 

Common controlled by Ms. Siu

 

 

 

13,535,250

 

1,724,259

Due to NCH

 

Common controlled by Ms. Siu

 

(638,243

)

 

 

Due to related parties consist of the following:

     

As of December 31,

   

Relationship

 

2023

 

2024

 

2024

       

HKD

 

HKD

 

US$

Due to Ms. Siu

 

Controlling Shareholder

 

(59,106

)

 

 

 

 

Due to NCH

 

Common controlled by Ms. Siu

 

(34,184,138

)

 

(638,243

)

 

(82,167

)

Schedule of Related Party Transactions and Balances

In addition to the transactions and balances detailed elsewhere in these unaudited interim condensed consolidated financial statements, we also had the following transactions with related parties:

 

For the six months ended June 30,

   

2024

 

2025

 

2025

   

HKD

 

HKD

 

US$

Agency income received by Neo-Concept UK from NCH

 

2,361,596

 

1,248,117

 

158,998

Purchase of apparel products from NCH

 

3,504,012

 

5,385,166

 

686,017

Rental expense paid to NCH

 

360,000

 

360,000

 

45,860

In addition to the transactions and balances detailed elsewhere in these consolidated financial statements, we also had the following transactions with related parties:

 

For the years ended December 31,

   

2023

 

2024

 

2024

   

HKD

 

HKD

 

US$

Agency income received by Neo-Concept UK from NCH

 

2,662,034

 

1,170,664

 

150,709

Purchase of apparel products from NCH

 

34,213,521

 

7,915,189

 

1,018,987

Purchase of intangible assets from NCH

 

 

15,023,180

 

1,934,057

Rental expense paid to NCH

 

720,000

 

720,000

 

92,692