ACCOUNTS RECEIVABLE, NET

6 Months Ended

Jun. 30, 2025

Credit Loss [Abstract]

ACCOUNTS RECEIVABLE, NET

3. ACCOUNTS RECEIVABLE, NET

Accounts receivable, net, consists of the following:

	December 31, 2024			June 30, 2025			June 30, 2025
	SGD’000			SGD’000			USD’000
Accounts receivable		4,566			2,709			2,130
Less: allowance for expected credit losses		(78	)		(78	)		(61	)
Accounts receivable, net		4,488			2,631			2,069

The movements in the allowance for expected credit losses for the year ended December 31, 2024 and the six-month period ended June 30, 2025 were as follows:

	December 31, 2024		June 30, 2025		June 30, 2025
	SGD’000		SGD’000		USD’000
Balance at beginning of the year/period		23		78		61
Additions		55		-		-
Balance at end of the year/period		78		78		61