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Consolidated Statement of Cash Flows
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2024
HKD ($)
Dec. 31, 2023
HKD ($)
Dec. 31, 2022
HKD ($)
Cash flows from operating activities        
Profit/(loss) before tax $ 4,584,903 $ 35,614,151 $ (29,788,123) $ 37,789,702
Adjustments for:-        
Interest income (87,852) (682,409) (515,980) (28,253)
Interest expenses 591,676 4,595,959 5,149,089 2,614,382
Depreciation of property, plant and equipment 4,382,102 34,038,855 35,795,951 28,240,965
Amortisation of right-of-use assets 5,736,843 44,562,079 48,467,296 40,333,356
Impairment loss on disposal group classified as held for sale 23,545,499
Interest on lease liabilities 720,269 5,594,836 6,300,014 4,987,343
Loss on written-off of property, plant and equipment 67,752 526,279 6,702,181
Loss on disposal of property, plant and equipment   417
Impairment of property, plant and equipment 585,679 4,549,381
Impairment of right-of-use assets 645,375 5,013,080
Gain on disposal of subsidiaries (7,554,144) (58,678,325)
Operating cash flows before movements in working capital 9,672,603 75,133,886 95,655,927 113,937,912
Decrease/(increase) in amounts due from related companies 5,801,487 45,064,210 (78,147) (42,085)
Decrease in amount due from a director 14,623
Decrease in inventories 613,877 4,768,410 5,146,061 2,144,219
Decrease/(increase) in trade receivables 718,563 5,581,582 (5,149,129) 424,414
(Increase)/decrease in deposits, prepayments and other receivables (438,817) (3,408,599) (5,696,237) 733,623
(Decrease)/increase in amounts due to directors (8,653,050) (67,214,294) (224,388) 18,804,256
Increase/(decrease) in amounts due to related companies 2,441 18,963 35,894 (609,588)
Decrease in amount due to shareholder (10)
Increase/(decrease) in trade payables 125,243 972,847 (1,580,470) 4,731,317
Increase in accruals and other payables 1,116,847 8,675,330 2,797,231 4,567,752
Cash generated from operations 8,959,194 69,592,335 90,906,742 144,706,433
Interest received 87,852 682,409 515,980 28,253
Income tax paid (1,301,358) (10,108,560) (7,598,311) (3,716,079)
Net cash generated from operating activities 7,745,688 60,166,184 83,824,411 141,018,607
Cash flows from investing activities        
Purchase of property, plant and equipment (1,543,768) (11,991,530) (44,512,104) (32,506,078)
Net cash outflow from deconsolidation of subsidiaries (24,450) (189,912)
Proceeds from disposal of property, plant and equipment 61,239 216,865
Net cash used in investing activities (1,568,218) (12,181,442) (44,450,865) (32,289,213)
Cash flows from financing activities        
Proceeds from bank loans 86,360,250
Interest paid for bank loans (340,604) (2,645,713) (2,863,104) (362,190)
Interest paid for loans from related companies (251,071) (1,950,246) (2,285,985) (2,252,192)
Repayment of principal portion of bank loan (974,467) (7,569,370) (8,489,298) (3,225,948)
Repayment of principal portion of loans from related companies (1,311,907) (10,190,497) (13,950,673) (14,071,562)
Interest elements of lease rentals paid (720,269) (5,594,836) (6,300,014) (4,987,343)
Repayment of principal portion of lease  liabilities (6,293,213) (48,883,789) (47,679,212) (38,496,526)
Net cash (used in)/generated from financing activities (9,891,531) (76,834,451) (81,568,286) 22,964,489
Net (decrease)/increase in cash and cash equivalents (3,714,061) (28,849,709) (42,194,740) 131,693,883
Cash and cash equivalents at beginning of the year 18,823,300 146,213,744 196,296,774 64,615,723
Bank balances and cash transfer to assets classified as held for sale (7,884,815)
Effect of foreign exchange rate changes (3,608) (28,025) (3,475) (12,832)
Cash and cash equivalents at end of the year $ 15,105,631 $ 117,336,010 $ 146,213,744 $ 196,296,774