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Interim Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited)
$ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2025
SGD ($)
$ / shares
shares
Jun. 30, 2024
SGD ($)
$ / shares
shares
Income Statement [Abstract]      
Revenues $ 5,106 $ 6,494 $ 10,742
Cost of revenues (3,826) (4,866) (7,908)
Gross profit 1,280 1,628 2,834
Operating expenses:      
Selling and marketing expenses (84) (107) (86)
General and administrative expenses (1,528) (1,943) (2,181)
Total operating expenses (1,612) (2,050) (2,267)
Income/(loss) from operations (332) (422) 567
Other income/(expense):      
Other income 211 268 554
Interest expense (187) (238) (236)
Other expense (330) (420) (64)
Change in fair value in financial instrument (49)
Total other income (loss) (306) (390) 205
Income/(loss) before tax expense (638) (812) 772
Income tax expense (16) (20) (174)
Net income/(loss) (654) (832) 598
Other comprehensive income/(loss)      
Foreign currency translation (loss)/gain, net 35 45 (29)
Total comprehensive income/(loss) $ (619) $ (787) $ 569
Net income/(loss) per share attributable to ordinary shareholders      
Basic | (per share) [1] $ (0.12) $ (0.15) $ 0.12
Diluted | (per share) [1] $ (0.12) $ (0.15) $ 0.12
Weighted average number of ordinary shares used in computing net income/(loss) per share      
Basic [1] 5,306,666 5,306,666 5,006,666
Diluted [1] 5,306,666 5,306,666 5,006,666
[1] Giving retroactive effect to the reverse share split effected which are detailed in Note 15 to the unaudited interim condensed consolidated financial statements