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GOVERNMENT GRANTS
12 Months Ended
Dec. 31, 2023
Government Grant [Abstract]  
GOVERNMENT GRANTS GOVERNMENT GRANTS
20232022
US$’000US$’000
Deferred government grants7,373 8,110 
Current68 451 
Non-current7,305 7,659 
The grants were related to the subsidies received from local government authorities for the purpose of compensation for the expenditure on certain facilities and were credited to a deferred income account. The grants were released to other income and gains over the expected useful lives of the relevant assets. The group also received certain financial subsidies from local government authorities to support local business. There were no unfulfilled conditions and other contingencies attached to these government grants. These government grants were recognized in other income and gains upon receipt.