v3.26.3
Interim Condensed Consolidated Statements of Cash Flows (Unaudited)
 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2026
HKD ($)
Jun. 30, 2025
HKD ($)
Operating activities      
Net loss $ (638,000) $ (5,003,000) $ (3,826,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation 19,000 149,000 269,000
Change in operating assets and liabilities:      
Change in accounts receivable (338,000) (2,651,000) 7,147,000
Change in inventories (63,000) (494,000) 1,977,000
Change in prepaid expenses and other current assets 9,000 69,000 242,000
Change in accounts payable 29,000 227,000 (1,807,000)
Change in other payables and accrued liabilities (8,000) (59,000) (723,000)
Net cash provided by (used in) operating activities (990,000) (7,762,000) 3,279,000
Investing activities      
Purchase of property, plant and equipment (49,000) (384,000) (47,000)
Net cash used in investing activities (49,000) (384,000) (47,000)
Financing activities      
Repayment of bank loan (383,000) (3,000,000)
Proceeds from bank loans 1,020,000 8,000,000
Advances from (to) related parties 9,000 69,000 (2,676,000)
Net cash (used in) provided by financing activities 646,000 5,069,000 (2,676,000)
Net increase (decrease) in cash (393,000) (3,077,000) 556,000
Effect on exchange rate change on cash 58,000 449,000 228,000
Cash as of beginning of the period 2,428,000 19,041,000 27,476,000
Cash as of the end of the period 2,093,000 16,413,000 28,260,000
Supplementary Cash Flows Information      
Cash paid for interest 33,000 262,000 479,000
Cash paid for taxes $ 5,000