v3.26.1
CONCENTRATIONS OF RISK
12 Months Ended
Mar. 31, 2026
Notes and other explanatory information [abstract]  
CONCENTRATIONS OF RISK

NOTE – 22 CONCENTRATIONS OF RISK

 

The Company is exposed to the following concentrations of risk:

 

(a) Major customers

 

For the years ended March 31, 2024, 2025 and 2026, there were individual customer accounts for 10% or more of the Company’s revenues as stated in note 3 above.

 

Most of the customers are located in Hong Kong.

 

 

(b) Major vendors

 

For the years ended March 31, 2024, 2025 and 2026, the vendors who accounted for 10% or more of the Company’s cost of revenue and is presented as follows:

 

   2024   2025   2026          
Vendors  Percentage of respective fiscal year   Year ended March 31, 
   2024   2025   2026   2024   2025   2026 
               HKD   HKD   HKD 
Vendor A   24.2%   21.1%   20.7%   2,745,741    7,140,894    10,386,007 
Vendor B   -    13.4%   -    -    4,527,190    - 
Vendor C   -    11.6%   -    -    3,921,443    - 
Vendor D   -    -    14.6%   -    -    7,321,250 

 

Most of the vendors are located in Hong Kong.

 

(b) Credit risk

 

Please refer to note 2 for details.

 

(c) Interest rate risk

 

As the Company has no significant interest-bearing assets, the Company’s income and operating cash flows are substantially independent of changes in market interest rates.

 

(d) Economic and political risk

 

The Company’s major operations are conducted in Hong Kong. Accordingly, the political, economic, and legal environments in Hong Kong, as well as the general state of Hong Kong’s economy may influence the Company’s business, financial condition, and results of operations.

 

(e) Liquidity risk

 

Please refer to notes 2, 9 and 18 for details.