Earnings/(Loss) per Share

12 Months Ended

Dec. 31, 2025


12.	Earnings/(Loss) per Share

Basic earnings/(loss) per share is calculated by dividing the Group's net income or loss for the period attributable to ordinary

shareholders by the weighted average number of ordinary shares outstanding, net of treasury shares.

Diluted earnings/(loss) per share is calculated by dividing the Group's net income or loss for the period attributable to ordinary

shareholders by the weighted average number of ordinary shares outstanding, net of treasury shares, plus the weighted average

number of ordinary shares that would be issued at conversion of all the dilutive potential ordinary shares into ordinary shares.

Dilutive effects arise from equity-settled shares from the Group's share-based plans.

For the years ended December 31, 2025 and 2023, the Group incurred a net loss, and therefore, all outstanding potential securities

were considered anti-dilutive. The amount of potential securities that were excluded from the diluted calculation in 2025 and 2023

amounted to 1,117,792 and 1,509,900 shares, respectively.

Earnings/(Loss) Attributable to Owners of the Group:


	2025		2024		2023
	Basic $	Diluted $	Basic $	Diluted $	Basic $	Diluted $
Income/(loss) for the year, attributable to the owners of the Group	(109,739)	(109,739)	53,510	53,510	(65,697)	(65,697)

Weighted-Average Number of Ordinary Shares:


	2025		2024		2023
	Basic	Diluted	Basic	Diluted	Basic	Diluted
Issued ordinary shares at January 1,	239,421,312	239,421,312	271,853,731	271,853,731	278,566,306	278,566,306
Effect of shares issued & treasury shares purchased	1,366,273	1,366,273	(17,397,423)	(17,397,423)	(2,263,773)	(2,263,773)
Effect of dilutive shares	—	—	—	1,571,612	—	—
Weighted average number of ordinary shares at December 31,	240,787,585	240,787,585	254,456,308	256,027,920	276,302,533	276,302,533

Earnings/(Loss) per Share:


	2025		2024		2023
	Basic $	Diluted $	Basic $	Diluted $	Basic $	Diluted $
Basic and diluted earnings/(loss) per share	(0.46)	(0.46)	0.21	0.21	(0.24)	(0.24)