v3.26.1
Provision for Income Taxes (Tables)
6 Months Ended
Dec. 31, 2025
Provision for Income Taxes [Abstract]  
Schedule of Significant Components of Provision for Income Taxes

Significant components of the provision for income taxes are as follows

 

For the six months ended
December 31,

   

2025

 

2024

   

(Unaudited)

 

(Unaudited)

Income tax expenses

 

$

6,903

 

 

$

57,391

 

Deferred income benefit

 

 

(1,925

)

 

 

(2,943

)

Total

 

$

4,978

 

 

$

54,448

 

Schedule of Reconciliation of Differences between Statutory and Effective Tax Expenses  The following table provides the reconciliation of the differences between statutory and effective tax expenses for the year for the six months ended December 31, 2025 and 2024.
 

For the six months ended
December 31,

   

2025

 

2024

   

(Unaudited)

 

(Unaudited)

Income before tax expenses

 

$

99,175

 

 

$

615,765

 

Income taxes computed at Hong Kong Profits Tax rate

 

 

16,364

 

 

 

83,264

 

Rate differences in various jurisdictions

 

 

4,467

 

 

 

18,893

 

Tax allowance at the statutory tax rates

 

 

(6,246

)

 

 

(10,207

)

Tax effect on non-assessable income

 

 

(1,570

)

 

 

(2,076

)

Tax effect of two-tier tax rate

 

 

(7,288

)

 

 

(35,816

)

Others

 

 

(749

)

 

 

390

 

Income taxes

 

$

4,978

 

 

$

54,448

 

Significant Components of Deferred Tax Assets

Significant components of the deferred tax assets are presented below

 

As of
December 31,
2025

 

As of
June 30,
2025

   

(Unaudited)

 

(Audited)

Deferred tax assets:

 

 

   

 

 

 

– Provision for credit losses

 

$

275

 

$

(873

)

– Plant and equipment

 

 

270

 

 

568

 

– Right-of-use asset and lease liabilities

 

 

4,117

 

 

3,043

 

Total

 

$

4,662

 

$

2,738