| SCHEDULE OF INFORMATION FOR THE GROUP’S SEGMENTS AND CORPORATE |
The
Group measures the results of its segments using, among other measures, each segment’s revenue, cost of sales and operating expenses.
Information for the Group’s segments and Corporate, is provided in the following table:
SCHEDULE
OF INFORMATION FOR THE GROUP’S SEGMENTS AND CORPORATE
| | |
Logistics
Technology
Solutions
Services | | |
Logistic
services | | |
All Others | | |
Inter-companies
transactions | | |
Consolidated | |
| | |
US$ | | |
US$ | | |
US$ | | |
US$ | | |
US$ | |
| For the six months ended June 30, 2025 | |
| | | |
| | | |
| | | |
| | | |
| | |
| Revenue | |
| | | |
| | | |
| | | |
| | | |
| | |
| Cost of revenue | |
| | | |
| | | |
| | | |
| | | |
| | |
| Gross profit/(loss) | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| Selling and marketing expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| General and administrative expenses | |
| (12,381 | ) | |
| - | | |
| - | | |
| - | | |
| (12,381 | ) |
| Research and development expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| Total operating expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating loss | |
| (12,381 | ) | |
| - | | |
| - | | |
| - | | |
| (12,381 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Other expenses, net | |
| | | |
| | | |
| | | |
| | | |
| | |
| Interest expenses, net | |
| (41,491 | ) | |
| - | | |
| - | | |
| - | | |
| (41,491 | ) |
| Other income | |
| | | |
| | | |
| | | |
| | | |
| | |
| Total other expenses, net | |
| (41,491 | ) | |
| - | | |
| - | | |
| - | | |
| (41,491 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Income tax benefits | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Net loss before share of loss from equity method investment, net of tax | |
| (53,872 | ) | |
| - | | |
| - | | |
| - | | |
| (53,872 | ) |
| Share of loss from equity method investment, net of tax | |
| (7,822 | ) | |
| - | | |
| - | | |
| - | | |
| (7,822 | ) |
| Net loss | |
| (61,694 | ) | |
| - | | |
| - | | |
| - | | |
| (61,694 | ) |
| | |
Logistics
Technology
Solutions
Services | | |
Logistic
services | | |
All Others | | |
Inter-companies
transactions | | |
Consolidated | |
| | |
US$ | | |
US$ | | |
US$ | | |
US$ | | |
US$ | |
| For the six months ended June 30, 2026 | |
| | | |
| | | |
| | | |
| | | |
| | |
| Revenue | |
| 330,727 | | |
| 7,043,644 | | |
| 145,680 | | |
| (251,059 | ) | |
| 7,268,992 | |
| Cost of revenue | |
| (139,900 | ) | |
| (7,146,469 | ) | |
| (145,680 | ) | |
| 105,378 | | |
| (7,326,671 | ) |
| Gross profit/(loss) | |
| 190,827 | | |
| (102,825 | ) | |
| - | | |
| (145,681 | ) | |
| (57,679 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| Selling and marketing expenses | |
| (19,817 | ) | |
| (109,112 | ) | |
| - | | |
| - | | |
| (128,929 | ) |
| General and administrative expenses | |
| (1,924,418 | ) | |
| (796,449 | ) | |
| (1,475 | ) | |
| 145,681 | | |
| (2,576,661 | ) |
| Research and development expenses | |
| (281,585 | ) | |
| - | | |
| - | | |
| - | | |
| (281,585 | ) |
| Total operating expenses | |
| (2,225,820 | ) | |
| (905,561 | ) | |
| (1,475 | ) | |
| 145,681 | | |
| (2,987,175 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating loss | |
| (2,034,993 | ) | |
| (1,008,386 | ) | |
| (1,475 | ) | |
| - | | |
| (3,044,854 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Other (expenses)/income | |
| | | |
| | | |
| | | |
| | | |
| | |
| Interest expenses, net | |
| (273,742 | ) | |
| (87,525 | ) | |
| - | | |
| - | | |
| (361,267 | ) |
| Other income | |
| - | | |
| 121,621 | | |
| - | | |
| - | | |
| 121,621 | |
| Total other (expenses)/income, net | |
| (273,742 | ) | |
| 34,096 | | |
| - | | |
| - | | |
| (239,646 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Income tax benefits | |
| 201,339 | | |
| 66,213 | | |
| - | | |
| - | | |
| 267,552 | |
| Net loss | |
| (2,107,396 | ) | |
| (908,077 | ) | |
| (1,475 | ) | |
| - | | |
| (3,016,948 | ) |
| Net loss attributable to non-controlling interests | |
| (529,270 | ) | |
| - | | |
| - | | |
| - | | |
| (529,270 | ) |
| Net loss attributable to SKG’s shareholder | |
| (1,578,126 | ) | |
| (908,077 | ) | |
| (1,475 | ) | |
| - | | |
| (2,487,678 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Other segment information: | |
| | | |
| | | |
| | | |
| | | |
| | |
| Depreciation and amortization | |
| 1,238,846 | | |
| 405,443 | | |
| - | | |
| - | | |
| 1,644,289 | |
| Intangible assets, net | |
| 10,544,766 | | |
| 2,951,990 | | |
| - | | |
| - | | |
| 13,496,756 | |
|
The
Group measures the results of its segments using, among other measures, each segment’s revenue, cost of sales and operating expenses.
Information for the Group’s segments and Corporate, is provided in the following table:
SCHEDULE
OF INFORMATION FOR THE GROUP’S SEGMENTS AND CORPORATE
| | |
Logistics
Technology Solutions Services | | |
Logistic
Services | | |
All
Other | | |
Inter-companies
transactions | | |
Consolidated | |
| | |
US$ | | |
US$ | | |
US$ | | |
US$ | | |
US$ | |
| For
the year ended December 31, 2024 | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating
expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| General
and administrative expenses | |
| (4,995 | ) | |
| - | | |
| - | | |
| - | | |
| (4,995 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating
loss | |
| (4,995 | ) | |
| - | | |
| - | | |
| - | | |
| (4,995 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Other
expenses, net | |
| | | |
| | | |
| | | |
| | | |
| | |
| Interest
expenses, net | |
| (8,028 | ) | |
| - | | |
| - | | |
| - | | |
| (8,028 | ) |
| Total
other expenses, net | |
| (8,028 | ) | |
| - | | |
| - | | |
| - | | |
| (8,028 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Income
tax benefits | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Net
loss before share of loss from equity method investment, net of tax | |
| (13,023 | ) | |
| - | | |
| - | | |
| - | | |
| (13,023 | ) |
| Share of loss from equity method
investment, net of tax | |
| (42,988 | ) | |
| - | | |
| - | | |
| - | | |
| (42,988 | ) |
| Net loss | |
| (56,011 | ) | |
| - | | |
| - | | |
| - | | |
| (56,011 | ) |
| | |
Logistics
Technology Solutions Services | | |
Logistic
Services | | |
All
Other | | |
Inter-companies
transactions | | |
Consolidated | |
| | |
US$ | | |
US$ | | |
US$ | | |
US$ | | |
US$ | |
| For
the year ended December 31, 2025 | |
| | | |
| | | |
| | | |
| | | |
| | |
| Revenue | |
| 122,840 | | |
| 4,970,189 | | |
| - | | |
| (85,398 | ) | |
| 5,007,631 | |
| Cost
of revenue | |
| (111,369 | ) | |
| (4,911,620 | ) | |
| - | | |
| 85,398 | | |
| (4,937,591 | ) |
| Gross
profit | |
| 11,471 | | |
| 58,569 | | |
| - | | |
| - | | |
| 70,040 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating
expenses | |
| | | |
| | | |
| | | |
| | | |
| | |
| Selling
and marketing expenses | |
| (7,926 | ) | |
| (72,601 | ) | |
| - | | |
| - | | |
| (80,527 | ) |
| General
and administrative expenses | |
| (809,835 | ) | |
| (609,708 | ) | |
| (5,862 | ) | |
| - | | |
| (1,425,405 | ) |
| Research
and development expenses | |
| (30,931 | ) | |
| - | | |
| - | | |
| - | | |
| (30,931 | ) |
| Total
operating expenses | |
| (848,692 | ) | |
| (682,309 | ) | |
| (5,862 | ) | |
| - | | |
| (1,536,863 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating
loss | |
| (837,221 | ) | |
| (623,740 | ) | |
| (5,862 | ) | |
| - | | |
| (1,466,823 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Other
(expenses)/income, net | |
| | | |
| | | |
| | | |
| | | |
| | |
| Interest
expenses, net | |
| (253,265 | ) | |
| (59,449 | ) | |
| - | | |
| - | | |
| (312,714 | ) |
| Gain
on bargain purchase | |
| 1,789,560 | | |
| - | | |
| - | | |
| - | | |
| 1,789,560 | |
| Other
(expenses)/income | |
| (5,908 | ) | |
| 140,518 | | |
| - | | |
| - | | |
| 134,610 | |
| Total
other income, net | |
| 1,530,387 | | |
| 81,069 | | |
| - | | |
| - | | |
| 1,611,456 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Income
tax benefits | |
| 67,501 | | |
| 44,448 | | |
| - | | |
| - | | |
| 111,949 | |
| Net
income/(loss) before share of loss from equity method investment, net of tax | |
| 760,667 | | |
| (498,223 | ) | |
| (5,862 | ) | |
| - | | |
| 256,582 | |
Share
of loss from equity method investment, net of tax | |
| (98,938 | ) | |
| - | | |
| - | | |
| - | | |
| (98,938 | ) |
| Net income/(loss) | |
| 661,729 | | |
| (498,223 | ) | |
| (5,862 | ) | |
| - | | |
| 157,644 | |
| Net
loss attributable to non-controlling interests | |
| (165,810 | ) | |
| - | | |
| - | | |
| - | | |
| (165,810 | ) |
| Net
income/(loss) attributable to SKG’s shareholders | |
| 827,539 | | |
| (498,223 | ) | |
| (5,862 | ) | |
| - | | |
| 323,454 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Other
segment information: | |
| | | |
| | | |
| | | |
| | | |
| | |
| Depreciation
and amortization | |
| 410,902 | | |
| 273,022 | | |
| - | | |
| - | | |
| 683,924 | |
| Intangible
assets, net | |
| 11,850,958 | | |
| 3,331,163 | | |
| - | | |
| - | | |
| 15,182,121 | |
|