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INCOME AND EXPENSES ITEMS (Tables)
12 Months Ended
Dec. 31, 2022
Analysis of income and expense [abstract]  
Summary of Other Operating Income
7(a)    Other operating income
202220212020
US$’000US$’000US$’000
Gain on disposal of investment property271 — — 
Gain on disposal of assets classified as held for sale240 — — 
Gain on disposal of property, plant, and equipment132 318 239 
Rental income254 179 199 
Reversal of allowance for other receivable— — 80 
Reversal of allowance for trade receivables for related parties— 11 
Reversal of allowance for trade receivable— — — 
Other operating income – others129 90 285 
Total other operating income1,027 587 814 
Summary of Other Operating Expenses
7(b)    Other operating expenses
202220212020
US$’000US$’000US$’000
Allowance for trade receivables509 205 124 
Allowance for trade receivables for related parties— 15 — 
Impairment of property, plant, and equipment— 
Other operating expenses – others— 
Total other operating expenses512 227 129 
Summary of Finance Costs and Finance Income
7(c)    Finance costs
202220212020
US$’000US$’000US$’000
Interest on debts and borrowings1,408 1,027 536 
Interest on leases liabilities80 70 79 
Total interest expenses1,488 1,097 615 
Banking charges162 154 129 
Total finance costs1,650 1,251 744 
7(d)    Finance income
202220212020
US$’000US$’000US$’000
Interest income120 123 320 
Total finance income120 123 320 
Summary of Other Income and Other Expenses
7(e)    Other income
202220212020
US$’000US$’000US$’000
Government grants639 271 973 
Net gain on financial instruments33 259 
Dividend income97 106 108 
Other income120 35 89 
Total other income889 671 1,173 
The government grants for year 2020 due to the COVID-19 epidemic is US$882K.
7(f)    Other expenses
202220212020
US$’000US$’000US$’000
Others
Total other expenses3 1 1 
Summary of Depreciation, Amortization and Lease Expense Included in Consolidated Income Statements
7(g)    Depreciation, amortization and lease expense included in the consolidated income statements
202220212020
US$’000US$’000US$’000
Included in cost of sales:
Depreciation – tangible assets4,278 3,863 3,893 
Depreciation – right of use assets133 127 121 
Amortization – intangible assets24 21 19 
Lease expenses
Included in selling expenses:
Depreciation – tangible assets116 108 92 
Depreciation – right of use assets167 144 113 
Amortization – intangible assets— — 
Lease expenses
Included in general and administrative expenses:
Depreciation – tangible assets538 619 590 
Depreciation – right of use assets382 390 387 
Amortization – intangible assets21 26 42 
Depreciation – investment property176 196 144 
Lease expenses12 14 
5,849 5,500 5,419 
Summary of Employee Benefits Expenses
7(h)    Employee benefits expenses
202220212020
US$’000US$’000US$’000
Included in cost of sales:
Wages and salaries12,555 14,088 13,065 
Labor and health insurance costs79 77 71 
Pension costs886 828 736 
Other employment benefits734 843 702 
Included in selling expenses:
Wages and salaries3,881 4,191 3,557 
Labor and health insurance costs
Pension costs337 360 300 
Other employment benefits25 36 14 
Included in general and administrative expenses:
Wages and salaries7,950 8,435 8,861 
Labor and health insurance costs103 104 89 
Pension costs608 661 640 
Director fees412 587 1,065 
Other employment benefits138 222 186 
Total employee benefits expenses27,717 30,440 29,293