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SEGMENT REPORTING
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
SEGMENT REPORTING

22. SEGMENT REPORTING

 

ASC 280 “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Group’s internal organizational management structure as well as information about geographical areas, business segments, and major customers in the financial statements.

 

Our Chief Executive Officer, who is considered to be our chief operating decision maker, or CODM, reviews financial information presented on an operating segment basis for purposes of making decisions and assessing financial performance.

 

Skin care, health and wellness segment includes the provision of health and wellness products and health solution advisory services.

 

Green energy segment includes providing renewable energy products, technical solutions, installations and maintenance services.

 

Operating results by segment include costs or expenses that are directly attributable to each segment, and costs or expenses that are leveraged across our unified architecture and therefore allocated between the two segments.

 

The table below presents details of our reporting segments:

 

  

Skin care,

Health and Wellness
   Green Energy   Others   Total 
Year ended December 31, 2024                
Revenue   1,279,984    42,763    -    1,322,747 
Operating loss   (757,064)   (4,435)   (1,724,545)   (2,486,044)
Total assets   807,394    95,487    2,337,138    3,240,020 

 

  

Skin care,

Health and Wellness
   Green Energy   Others   Total 
Year ended December 31, 2023                
Revenue   1,431,088    -    -    1,431,088 
Operating loss   (1,368,047)   -    (741,888)   (2,109,935)
Total assets   937,167    -    4,807,327    5,744,494 

 

The “others” category comprises corporate headquarter operations and one minor business components. None of these components individually meet any of the quantitative thresholds for determining reportable segments.