v3.25.1
Income taxes (Tables)
12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
Schedule of provision income taxes

The provision for income taxes consists of the following:

 

           2023   2024   2024 
     For the year ended December 31 
   2022     2023   2024   2024 
   HK$’000     HK$’000   HK$’000   US$’000 
Current tax                       
- Hong Kong    274      -    686    88 
- Other countries    38      131    1,055    136 
Income tax expense    312      131    1,741    224 
Schedule of reconciliation of income before income tax expense

Reconciliations between the provision for income taxes computed by applying the Hong Kong profits tax to income before income tax expense are as follows:

 

   HK$’000   HK$’000   HK$’000   US$’000 
   For the year ended December 31, 
   2022   2023   2024   2024 
   HK$’000   HK$’000   HK$’000   US$’000 
Income (loss) before income tax   8,965    (1,331)   (13,741)   (1,769)
                     
Provision for income taxes at Hong Kong profits tax rates of 16.5%   1,479    (220)   (2,267)   (291)
Effect of different tax rates available to different jurisdictions   (355)   131    3,162    407 
Non-deductible expenses and non-taxable income, net   (812)   -    (35)   (5)
Under provision from prior year   -    -    590    76 
Others   -    220    291    37 
Income tax expense   312    131    1,741    224