INCOME TAX EXPENSES

6 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

INCOME TAX EXPENSES

17. INCOME TAX EXPENSES

Caymans and BVIs

The Company and its subsidiary, JE Cleantech International Ltd., are domiciled in the Cayman Islands and the British Virgin Islands, respectively. Both localities currently enjoy permanent income tax holidays; accordingly, the Company and JE Cleantech International Ltd. do not accrue for income taxes.

Singapore

The Company’s subsidiaries, JCS-Echigo Pte. Ltd. and Hygieia Warewashing Pte. Ltd, are considered Singapore tax resident enterprises under Singapore tax laws; accordingly, they are subject to enterprise income tax on their taxable income as determined under Singapore tax laws and accounting standards at a statutory tax rate of 17% (2024: 17%).

The income tax provision consists of the following components:

	For the six-month period ended June 30,
	2024			2025		2025
	SGD’000			SGD’000		USD’000
Income tax:
Current year		238			20		16
Deferred tax:
Current year		(64	)		-		-
Income Tax Expense		174			20		16

The income tax expense varied from the amount of income tax expense determined by applying the Singapore income tax rate of 17% (2024: 17%) to profit before income tax as a result of the following differences:

	For the six-month period ended June 30,
	2024		2025			2025
	SGD’000		SGD’000			USD’000
Income before tax expenses:		772		(812	)		(638	)
Tax at the domestic income tax rate		131		(138	)		(108	)
Tax effect of expenses that are not deductible in determining taxable profit		43		158			124
Income Tax Expense		174		20			16