Contract Assets, Net

6 Months Ended

Mar. 31, 2025

Contract Assets, Net [Abstract]

CONTRACT ASSETS, NET

NOTE 4. CONTRACT ASSETS, NET

Contract assets, net consisted of the following:

		As of September 30,				As of March 31,
		2024				2025
		HK$				HK$
Contract assets			7,193,947				18,678,502
Less: allowance for credit loss			(750,000	)			(640,000	)
			6,443,947				18,038,502

The Group recorded provision for allowance for credit loss of contract assets of HK$283,000 for the six months ended March 31, 2024. The Group recorded reversal of provision for allowance for credit loss of contract assets of HK$110,000 for the six months ended March 31, 2025.

Movement of provision for allowance for credit loss of contract assets is as follows:

		For the Six Months Ended March 31,
		2024				2025
		HK$				HK$
Balance at beginning of the period			307,040				750,000
Retrospective adjustment upon adoption of ASC 326			382,960				—
Provision (Reversal) for the period			283,000				(110,000	)
Balance at end of the period			973,000				640,000