v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Profit before income taxes $ 3,619 $ 3,989 $ 5,244
Adjustments to reconcile net profit to net cash used in operating activities:      
Depreciation of property, plant and equipment 47 36 31
Depreciation of right-of-use assets 412 163 184
Finance cost 116 9 31
Interest income (185) (106) (6)
Net loss/(gain) on impairment of financial assets 4 236 18
Operating cashflow before changes in working capital 4,013 4,327 5,502
Changes in operating assets and liabilities:      
Deferring cost 837 (837)
Inventories (187) (1,362) 4,003
Trade and other receivables 2,018 (5,167) 3,229
Trade and other payables (11,168) 3,381 (1,531)
Income tax (paid)/refunded (33) (198) (124)
Net cash provided by/(used in) operating activities (4,520) 144 11,079
CASH FLOWS FROM INVESTING ACTIVITIES      
Other investment (1,000)
Interest income 185 106 6
Purchase of plant and equipment (72) (57) (9)
Net cash (used in)/provided by investing activities (887) 49 (3)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of shares - net 7,187
Advances from directors 3
Advances/(Repayments) to shareholders (5) 612 (351)
Dividends paid (3,151) (6,300)
Net repayments of lease liabilities (361) (202) (206)
Interest paid (116) (9) (31)
Net cash (used in)/provided by financing activities 6,708 (2,750) (6,888)
Net increase/(decrease) in cash and cash equivalents 1,301 (2,557) 4,188
Effects of exchange rate changes on cash and cash equivalents 18 (106) (38)
Cash and bank balances at beginning of year 6,384 9,047 4,897
Cash and bank balances at end of year $ 7,703 $ 6,384 $ 9,047