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ADVANCES FROM CUSTOMERS
12 Months Ended
Dec. 31, 2022
ADVANCES FROM CUSTOMERS  
ADVANCES FROM CUSTOMERS

6. ADVANCES FROM CUSTOMERS

Advances from customers represent prepayments from customers and are recognized as revenue in accordance with the Group’s revenue recognition policy.

Advances from customers consist of the following and is analyzed as long-term and short-term portion respectively:

December 31, 

    

2021

    

2022

Customer B

67,026

35,040

Customer D

 

28,813

 

37,331

Customer E

 

18,379

 

76,393

Others

 

179,401

 

126,404

Total

$

293,619

$

275,168

Less: Advances from customers – short-term portion

$

202,958

$

121,992

Advances from customers – long-term portion

$

90,661

$

153,176