Dissagreggated Revenue (Tables)
|
6 Months Ended |
12 Months Ended |
Jun. 30, 2025 |
Dec. 31, 2024 |
| Dissagreggated Revenue [Abstract] |
|
|
| Schedule of Disaggregated Revenue by Major Product Categories |
The following table shows disaggregated revenue by major product categories for the periods ended June 30, 2024 and 2025, respectively:
|
|
|
For the six months ended June 30,
|
| |
|
2024
|
|
2025
|
|
2025
|
| |
|
HKD
|
|
HKD
|
|
US$
|
|
Private-labelled apparel products
|
|
67,730,485 |
|
32,710,445 |
|
4,166,989 |
|
Own-branded apparel products
|
|
11,526,138 |
|
27,526,221 |
|
3,506,569 |
|
Total
|
|
79,256,623 |
|
60,236,666 |
|
7,673,558 |
The following table shows disaggregated cost of sales by major product categories for the periods ended June 30, 2024 and 2025, respectively:
|
|
|
For the six months ended June 30,
|
| |
|
2024
|
|
2025
|
|
2025
|
| |
|
HKD
|
|
HKD
|
|
US$
|
|
Private-labelled apparel products
|
|
59,393,295 |
|
29,052,173 |
|
3,700,961 |
|
Own-branded apparel products
|
|
3,504,012 |
|
5,385,166 |
|
686,017 |
|
Total
|
|
62,897,307 |
|
34,437,339 |
|
4,386,978 |
|
The following table shows disaggregated revenue by major product categories for the years ended December 31, 2023 and 2024, respectively:
|
|
|
For the years ended December 31,
|
| |
|
2023
|
|
2024
|
|
2024
|
| |
|
HKD
|
|
HKD
|
|
US$
|
|
Private-labelled apparel products
|
|
156,316,352 |
|
196,736,307 |
|
25,327,485 |
|
Own-branded apparel products
|
|
17,886,275 |
|
38,931,427 |
|
5,011,963 |
|
Total
|
|
174,202,627 |
|
235,667,734 |
|
30,339,448 |
The following table shows disaggregated cost of revenues by major product categories for the years ended December 31, 2023 and 2024, respectively:
|
|
|
For the years ended December 31,
|
| |
|
2023
|
|
2024
|
|
2024
|
| |
|
HKD
|
|
HKD
|
|
US$
|
|
Private-labelled apparel products
|
|
134,239,759 |
|
178,307,992 |
|
22,955,056 |
|
Own-branded apparel products
|
|
4,914,557 |
|
7,915,189 |
|
1,018,987 |
|
Total
|
|
139,154,316 |
|
186,223,181 |
|
23,974,043 |
|
| Schedule of Breakdown of Our Gross Profit and Gross Profit Margin |
The following table sets forth a breakdown of our gross profit and gross profit margin for periods ended June 30, 2024 and 2025, respectively:
|
|
|
For the six months ended June 30,
|
| |
|
2024
|
|
2025
|
|
Product category
|
|
Revenue
|
|
Cost of
revenue
|
|
Gross
profit
|
|
Gross
profit
margin
|
|
Revenue
|
|
Cost of revenue
|
|
Gross profit
|
|
Gross
profit
margin
|
| |
|
HKD
|
|
HKD
|
|
HKD
|
|
%
|
|
HKD
|
|
USD
|
|
HKD
|
|
USD
|
|
HKD
|
|
USD
|
|
%
|
|
Private-labelled apparel products
|
|
67,730,485 |
|
59,393,295 |
|
8,337,190 |
|
12.3 |
%
|
|
32,710,445 |
|
4,166,989 |
|
29,052,173 |
|
3,700,961 |
|
3,658,272 |
|
466,028 |
|
11.2 |
%
|
|
Own-branded apparel products
|
|
11,526,138 |
|
3,504,012 |
|
8,022,126 |
|
69.6 |
%
|
|
27,526,221 |
|
3,506,569 |
|
5,385,166 |
|
686,017 |
|
22,141,055 |
|
2,820,552 |
|
80.4 |
%
|
|
Total
|
|
79,256,623 |
|
62,897,307 |
|
16,359,316 |
|
20.6 |
%
|
|
60,236,666 |
|
7,673,558 |
|
34,437,339 |
|
4,386,978 |
|
25,799,327 |
|
3,286,580 |
|
42.8 |
%
|
|
The following table sets forth a breakdown of our gross profit and gross profit margin for years ended December 31, 2023 and 2024:
|
Product category
|
|
For the year ended December 31, 2024
|
|
Revenue
|
|
Cost of
revenue
|
|
Gross
profit
|
|
Gross profit
margin
|
| |
|
HKD
|
|
HKD
|
|
HKD
|
|
%
|
|
Private-labelled apparel products
|
|
196,736,307 |
|
178,307,992 |
|
18,428,315 |
|
9.4 |
%
|
|
Own-branded apparel products
|
|
38,931,427 |
|
7,915,189 |
|
31,016,238 |
|
79.7 |
%
|
|
Total
|
|
235,667,734 |
|
186,223,181 |
|
49,444,553 |
|
21.0 |
%
|
|
Product category
|
|
For the year ended December 31, 2023
|
|
Revenue
|
|
Cost of
revenue
|
|
Gross
profit
|
|
Gross profit
margin
|
| |
|
HKD
|
|
HKD
|
|
HKD
|
|
%
|
|
Private-labelled apparel products
|
|
156,316,352 |
|
134,239,759 |
|
22,076,593 |
|
14.1 |
%
|
|
Own-branded apparel products
|
|
17,886,275 |
|
4,914,557 |
|
12,971,718 |
|
72.5 |
%
|
|
Total
|
|
174,202,627 |
|
139,154,316 |
|
35,048,311 |
|
20.1 |
%
|
|
| Schedule of Revenue is Disaggregated by the Geographical Locations |
In the following table, revenue is disaggregated by the geographical locations of customers:
|
|
|
For the six months ended June 30,
|
| |
|
2024
|
|
2025
|
|
2025
|
| |
|
HKD
|
|
HKD
|
|
US$
|
|
Geographical locations:
|
|
|
|
|
|
|
|
The United States and Canada
|
|
63,140,914 |
|
30,104,645 |
|
3,835,035 |
|
The UK
|
|
11,752,301 |
|
27,236,666 |
|
3,469,683 |
|
Others
|
|
4,363,408 |
|
2,895,355 |
|
368,840 |
|
Total
|
|
79,256,623 |
|
60,236,666 |
|
7,673,558 |
|
In the following table, revenue is disaggregated by the geographical locations of customers:
|
|
|
For the years ended December 31,
|
| |
|
2023
|
|
2024
|
|
2024
|
| |
|
HKD
|
|
HKD
|
|
US$
|
|
Geographical locations:
|
|
|
|
|
|
|
|
The United States and Canada
|
|
132,124,783 |
|
171,354,373 |
|
22,059,859 |
|
The UK
|
|
17,898,073 |
|
39,906,752 |
|
5,137,525 |
|
Others
|
|
24,179,771 |
|
24,406,609 |
|
3,142,064 |
|
Total
|
|
174,202,627 |
|
235,667,734 |
|
30,339,448 |
|