| Schedule of Due to Related Parties |
Due from (to) related parties consist of the following:
| | | | | As of
December 31,
2024 | | As of June 30,
2025 | | | | | | HKD | | HKD | | US$ | | Prepayment to NCH | | Common controlled by Ms. Siu | | | | | 13,535,250 | | 1,724,259 | | Due to NCH | | Common controlled by Ms. Siu | | (638,243 | ) | | | | |
|
Due to related parties consist of the following:
| | | | | As of December 31, | | | | Relationship | | 2023 | | 2024 | | 2024 | | | | | | HKD | | HKD | | US$ | | Due to Ms. Siu | | Controlling Shareholder | | (59,106 | ) | | — | | | — | | | Due to NCH | | Common controlled by Ms. Siu | | (34,184,138 | ) | | (638,243 | ) | | (82,167 | ) |
|
| Schedule of Related Party Transactions and Balances |
In addition to the transactions and balances detailed elsewhere in these unaudited interim condensed consolidated financial statements, we also had the following transactions with related parties:
|
|
|
For the six months ended June 30,
|
| |
|
2024
|
|
2025
|
|
2025
|
| |
|
HKD
|
|
HKD
|
|
US$
|
|
Agency income received by Neo-Concept UK from NCH
|
|
2,361,596 |
|
1,248,117 |
|
158,998 |
|
Purchase of apparel products from NCH
|
|
3,504,012 |
|
5,385,166 |
|
686,017 |
|
Rental expense paid to NCH
|
|
360,000 |
|
360,000 |
|
45,860 |
|
In addition to the transactions and balances detailed elsewhere in these consolidated financial statements, we also had the following transactions with related parties:
|
|
|
For the years ended December 31,
|
| |
|
2023
|
|
2024
|
|
2024
|
| |
|
HKD
|
|
HKD
|
|
US$
|
|
Agency income received by Neo-Concept UK from NCH
|
|
2,662,034 |
|
1,170,664 |
|
150,709 |
|
Purchase of apparel products from NCH
|
|
34,213,521 |
|
7,915,189 |
|
1,018,987 |
|
Purchase of intangible assets from NCH
|
|
—
|
|
15,023,180 |
|
1,934,057 |
|
Rental expense paid to NCH
|
|
720,000 |
|
720,000 |
|
92,692 |
|