| CUSTOMERS |
CUSTOMERS |
90%
|
For the year ended June 30, 2023, our top three major customers accounted for 36.4%, 14.7% and 13.4%, respectively, of the Group’s total revenues. |
| GALAXY-HUMAN-RESOURCES-LIMITED |
GALAXY-HUMAN-RESOURCES-LIMITED |
85%
|
R (Macau) provide payroll outsourcing services in the PRC, Hong Kong, Taiwan and Macau; and Galaxy Payroll (HK), Galaxy Solutions Partner, Galaxy HR (TW) and Galaxy HR (Macau) provide employment serv… |
| TAIWAN-LIMITED |
TAIWAN-LIMITED |
85%
|
R (Macau) provide payroll outsourcing services in the PRC, Hong Kong, Taiwan and Macau; and Galaxy Payroll (HK), Galaxy Solutions Partner, Galaxy HR (TW) and Galaxy HR (Macau) provide employment serv… |
| BRITISH-VIRGIN-ISLANDS-THE-GROUP |
BRITISH-VIRGIN-ISLANDS-THE-GROUP |
62%
|
4 ), HKD25,303 and nil , respectively. Note 7 — Accrued expenses and other payables Accrued expenses and other payables consisted of the following: As of June 30, 2023 2024 HKD HKD US$ Accrued expens… |
| DEPOSIT-PROTECTION-SCHEME-THE-GROUP |
DEPOSIT-PROTECTION-SCHEME-THE-GROUP |
62%
|
other currencies at the banks and financial institutions who are the members of Deposit Protection Scheme will be covered up to a limit of HKD500,000 (US$ 64,034 ) per depositor per scheme member by … |
| DEPRECIATION-THE-GROUP |
DEPRECIATION-THE-GROUP |
62%
|
3). It resulted from US Fed’s rate hike leading to Asia-pacific region’s economy slow recovery and the decrease of seconded employees’ monthly remuneration package. Therefore, the decrease in revenue… |
| FUTURE-FINANCINGS-THE-GROUP |
FUTURE-FINANCINGS-THE-GROUP |
62%
|
s due to the temporarily ceased business, consultancy and market research services, HKD6,845,155, an increase in prepayment, deposits and other receivables, HKD325,876, an increase in accrued expense… |
| HKD960-101-THE-GROUP |
HKD960-101-THE-GROUP |
62%
|
s due to the temporarily ceased business, consultancy and market research services, HKD6,845,155, an increase in prepayment, deposits and other receivables, HKD325,876, an increase in accrued expense… |
| LEASES-THE-GROUP |
LEASES-THE-GROUP |
62%
|
4 ), HKD25,303 and nil , respectively. Note 7 — Accrued expenses and other payables Accrued expenses and other payables consisted of the following: As of June 30, 2023 2024 HKD HKD US$ Accrued expens… |
| PAYROLL-GROUP-LIMITED |
PAYROLL-GROUP-LIMITED |
62%
|
axy Payroll Group Limited. D. Property Plant and Equipment Please refer to “Item 4. Information on the Company—B. Business Overview—Properties and Facilities.” Item 4A. Unresolved Staff Comments Not … |
| RELATED-PARTIES-THE-GROUP |
RELATED-PARTIES-THE-GROUP |
62%
|
onsumed by the customers is substantially the same for each monthly transaction, even though the exact volume of services may vary each month. Therefore, the Group concludes that the monthly human ca… |
| SHANGHAI-BANKING-CORPORATION-LIMITED |
SHANGHAI-BANKING-CORPORATION-LIMITED |
62%
|
4 ), HKD25,303 and nil , respectively. Note 7 — Accrued expenses and other payables Accrued expenses and other payables consisted of the following: As of June 30, 2023 2024 HKD HKD US$ Accrued expens… |
| TECHNICAL-COOPERATION-CORP |
TECHNICAL-COOPERATION-CORP |
62%
|
ch human resources outsourcing service agreement has been filed as an exhibit of this Registration Statement. The Major In-country Partner’s service fees are calculated based on the pricing schedule … |
| THEREFORE-THE-GROUP |
THEREFORE-THE-GROUP |
62%
|
The Group usually allows a credit term of ranging from 30 days to 90 days to its customers. Therefore, The Group concludes that the monthly payroll outsourcing services satisfy the requirements of AS… |
