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Income and Expenses Items (Tables)
12 Months Ended
Dec. 31, 2021
Text Block1 [Abstract]  
Summary of Other Operating Income

7(a)Other operating income

 

2021

 

2020

 

2019

 

 

US$’000

 

US$’000

 

US$’000

 

Gain on disposal of property, plant, and equipment

 

318

 

 

239

 

 

88

 

Rental income

 

179

 

 

199

 

 

89

 

Reversal of allowance for other receivable

 

 

 

80

 

 

 

Reversal of allowance for trade receivables for related parties

 

 

 

11

 

 

 

Reversal of allowance for trade receivable

 

 

 

 

 

122

 

Other operating income – others

 

90

 

 

285

 

 

86

 

Total other operating income

 

587

 

 

814

 

 

385

 

Summary of Other Operating Expenses

 

7(b)Other operating expenses

 

2021

 

2020

 

2019

 

 

US$’000

 

US$’000

 

US$’000

 

Allowance for trade receivables

 

205

 

 

124

 

 

 

Allowance for trade receivables for related parties

 

15

 

 

 

 

 

Impairment of property, plant, and equipment

 

7

 

 

4

 

 

546

 

Allowance for foreseeable loss

 

 

 

 

 

193

 

Allowance for other receivable

 

 

 

 

 

30

 

Other operating expenses – others

 

 

 

1

 

 

1

 

Total other operating expenses

 

227

 

 

129

 

 

770

 

Summary of Finance Costs and Finance Income

7(c)Finance costs

 

2021

 

2020

 

2019

 

 

US$’000

 

US$’000

 

US$’000

 

Interest on debts and borrowings

 

1,027

 

 

536

 

 

754

 

Interest on leases liabilities

 

70

 

 

79

 

 

91

 

Total interest expenses

 

1,097

 

 

615

 

 

845

 

Banking charges

 

154

 

 

129

 

 

167

 

Total finance costs

 

1,251

 

 

744

 

 

1,012

 

 

7(d)Finance income

 

2021

 

2020

 

2019

 

 

US$’000

 

US$’000

 

US$’000

 

Interest income

 

123

 

 

320

 

 

506

 

Total finance income

 

123

 

 

320

 

 

506

 

Summary of Other Income and Other Expenses

7(e)Other income

 

2021

 

2020

 

2019

 

 

US$’000

 

US$’000

 

US$’000

 

Government grants

 

271

 

 

973

 

 

425

 

Net gain on financial instruments

 

259

 

 

3

 

 

146

 

Dividend income

 

106

 

 

108

 

 

109

 

Other income

 

35

 

 

89

 

 

37

 

Total other income

 

671

 

 

1,173

 

 

717

 

The government grants for year 2020 due to the COVID-19 epidemic is US $882K.

7(f)Other expenses

 

2021

 

2020

 

2019

 

 

US$’000

 

US$’000

 

US$’000

 

Others

 

1

 

 

1

 

 

3

 

Total other expenses

 

1

 

 

1

 

 

3

 

 

Summary of Depreciation, Amortization and Lease Expense Included in Consolidated Income Statements

7(g)Depreciation, amortization and lease expense included in the consolidated income statements

 

2021

 

2020

 

2019

 

 

US$’000

 

US$’000

 

US$’000

 

Included in cost of sales:

 

 

 

 

 

 

 

 

 

Depreciation – tangible assets

 

3,863

 

 

3,893

 

 

4,089

 

Depreciation – right of use assets

 

127

 

 

121

 

 

135

 

Amortization – intangible assets

 

21

 

 

19

 

 

10

 

Lease expenses

 

1

 

 

2

 

 

3

 

Included in selling expenses:

 

 

 

 

 

 

 

 

 

Depreciation – tangible assets

 

108

 

 

92

 

 

93

 

Depreciation – right of use assets

 

144

 

 

113

 

 

112

 

Amortization – intangible assets

 

 

 

1

 

 

1

 

Lease expenses

 

1

 

 

1

 

 

1

 

Included in general and administrative expenses:

 

 

 

 

 

 

 

 

 

Depreciation – tangible assets

 

619

 

 

590

 

 

552

 

Depreciation – right of use assets

 

390

 

 

387

 

 

260

 

Amortization – intangible assets

 

26

 

 

42

 

 

39

 

Depreciation – investment property

 

196

 

 

144

 

 

33

 

Lease expenses

 

4

 

 

14

 

 

170

 

 

 

5,500

 

 

5,419

 

 

5,498

 

Summary of Employee Benefits Expenses

7(h)Employee benefits expenses

 

2021

 

2020

 

2019

 

 

US$’000

 

US$’000

 

US$’000

 

Included in cost of sales:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

14,088

 

 

13,065

 

 

14,429

 

Labor and health insurance costs

 

77

 

 

71

 

 

126

 

Pension costs

 

828

 

 

736

 

 

994

 

Other employment benefits

 

843

 

 

702

 

 

816

 

Included in selling expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

4,191

 

 

3,557

 

 

3,495

 

Labor and health insurance costs

 

8

 

 

7

 

 

12

 

Pension costs

 

360

 

 

300

 

 

330

 

Other employment benefits

 

36

 

 

14

 

 

50

 

Included in general and administrative expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

8,435

 

 

8,861

 

 

8,117

 

Labor and health insurance costs

 

104

 

 

89

 

 

85

 

Pension costs

 

661

 

 

640

 

 

757

 

Director fees

 

587

 

 

1,065

 

 

640

 

Other employment benefits

 

222

 

 

186

 

 

286

 

Total employee benefits expenses

 

30,440

 

 

29,293

 

 

30,137