v3.26.1
Income tax (Tables)
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Schedule of profit (loss) before tax

The Group’s (loss)/profit before tax is arrived at after charging/crediting:-

 

   2025   2025   2024   2023 
   US$   HK$   HK$   HK$ 
                 
Expense relating to short-term leases   373,687    2,908,520    1,499,771    2,174,712 
Written off of property, plant and equipment   15,521    120,803    526,279    6,702,181 
Employer’s contribution to defined contribution plan (included in staff costs below)   585,148    4,554,380    5,270,478    5,402,612 
Impairment of property, plant and equipment   241,205    1,877,371    4,549,381    - 
Impairment of right-of-use assets   527,031    4,102,040    5,013,080    - 
Employee benefits expenses                    
- key management personnel and directors’ remuneration (Note 33)   840,908    6,545,039    4,585,352    7,788,000 
- staff costs (including key management personnel and directors’ remuneration)   19,299,674    150,215,156    169,577,298    177,874,361 
Schedule of income tax

Details of income tax are as follows:

 

   2025   2025   2024   2023 
   US$   HK$   HK$   HK$ 
                 
Current tax – Hong Kong                    
- current year provision   721,119    5,612,684    7,522,946    6,407,506 
- prior year over-provision   -    (2)   (9,923)   (1,049)
Current tax – Taiwan   6,645    51,722    5,775    - 
Total current tax   727,764    5,664,404    7,518,798    6,406,457 
Deferred tax (Note 14)   168,602    1,312,284    (4,805,091)   1,251,531 
                     
Total tax expenses for the year   896,366    6,976,688    2,713,707    7,657,988 
Schedule of income tax expense at the effective tax rates

A reconciliation of the tax expense applicable to (loss)/profit before tax at the statutory rates for the jurisdictions or countries in which the Group and the majority of its subsidiaries are domiciled to the tax expense at the effective tax rates is as follows:

 

   2025   2025   2024   2023 
   US$   HK$   HK$   HK$ 
                 
(Loss)/profit before tax   (5,852,409)   (45,551,045)   35,614,151    (29,788,123)
                     
Tax at applicable rate   (978,563)   (7,616,451)   5,766,512    (5,018,726)
Income not subject to tax   (20,460)   (159,247)   (11,142,285)   (177,009)
Non-deductible expenses   688,343    5,357,582    2,513,924    4,613,617 
Income tax exemption and rebate   (2,313)   (18,000)   (10,500)   (30,000)
Tax effect of deductible temporary differences not recognised   646,137    5,029,080    1,331,573    4,213,670 
Utilisation of previously unrecognised tax losses   (9,090)   (70,749)   (395,030)   (1,052,220)
Over-provision for previous year   -    (2)   (9,923)   (1,049)
Difference in tax rate in different countries   6,645    51,722    5,775    - 
Tax losses not recognised   565,667    4,402,753    4,653,661    5,146,140 
Others   -    -    -    (36,435)
                     
Tax charge at the Group’s effective rate   896,366    6,976,688    2,713,707    7,657,988