v3.26.3
Unaudited Interim Condensed Consolidated Statements of Cash Flows
 6 Months Ended
May 31, 2026
USD ($)
May 31, 2026
HKD ($)
May 31, 2025
HKD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 361,194 $ 2,830,527 $ 36,606
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 1,433 11,229 4,351
Provision for doubtful accounts 63,803 500,000 500,000
Amortization of right-of-use asset 31,608 247,700 434,250
Interest of lease liabilities 1,039 8,140 9,744
Deferred income tax (10,528) (82,500) (82,500)
Change in operating assets and liabilities      
Accounts receivable (536,546) (4,204,695) (1,387,011)
Prepayments and other receivables 246,707 1,933,342 864,557
Right of use assets (952,133)
Accruals and other payables 92,647 726,036 24,080
Contract liabilities (128,401)
Operating lease liabilities (32,647) (255,840) 580,917
Taxes payables 3,613 28,311
Net cash (used in) provided by operating activities 222,323 1,742,250 (95,540)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Repayment of amount due from a director, net 956,104 7,492,605 2,694,991
Net cash provided by investing activities 956,104 7,492,605 2,694,991
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payment of interest expenses (9,744)
Repayment of bank borrowings (31,787) (249,100) (241,678)
Net cash used in financing activities (31,787) (249,100) (251,422)
NON- CASH INVESTING ACTIVITY:      
Investment in a subsidiary (46,627) (365,399)
EFFECT OF EXCHANGE RATE CHANGES 3,241 25,411
NET CHANGE IN CASH AND CASH EQUIVALENTS 1,103,254 8,645,767 2,348,029
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 8,609,375 67,468,223 63,535,847
CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 9,712,629 76,113,990 65,883,876
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash paid for interest $ 3,784 $ 29,660 $ 35,870