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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities:      
Profit/(loss) before tax $ 7,565 $ (9,857) $ 7,725
Adjustments to reconcile profit before tax to net cash provided by operating activities:      
Depreciation 5,790 5,447 5,340
Impairment of property, plant and equipment 0 7 202
Amortization of intangible assets 45 47 62
Gain on disposal of property, plant and equipment (132) (318) (239)
Gain on disposal of assets classified as held for sale 240 0 0
Gain on disposal of investment property (271) 0 0
Adjustment for on fair value of derivatives (33) (259) (3)
Dividend income (97) (106) (108)
Finance income (120) (123) (320)
Finance costs 1,650 1,251 744
Share of loss of associates 1 1 1
Impairment (reversal of impairment) for trade receivables 509 205 124
Impairment (reversal of impairment) for trade receivables for related parties (1) 15 (11)
Impairment of other receivable 0 0 (80)
Impairment (write-back of impairment) of inventories (1,119) 14,136 (240)
Unrealized foreign exchange difference, net 245 1,784 411
Noncash other operating income 0 0 (60)
(Gain) on lease modification (74) (2) 0
Changes in operating assets and liabilities      
Trade and other receivable, net 16,720 (25,739) (1,899)
Contract assets (952) (1,387) (5,242)
Inventories (4,389) (53,857) (8,828)
Prepayment and other current assets (35) (886) (1,928)
Amounts due to/from related parties 807 3,911 2,777
Other non-current assets (54) (169) 42
Trade and other payables, accruals, other current liabilities and other non-current liabilities (14,035) 28,896 19,917
Net cash flows provided by/(used in) operating activities 11,780 (37,003) 18,387
Dividend received 97 106 108
Interest received 119 131 1,199
Interest paid (1,475) (1,078) (613)
Income tax paid (3,955) (3,768) (2,706)
Net cash provided/(used in) by operating activities 6,566 (41,612) 16,375
Investing activities:      
Purchases of property, plant and equipment (3,746) (8,547) (14,537)
Purchases of intangible assets (62) (4) (67)
Purchases of investment properties (12) 0 (1,762)
Purchases of long-term bank deposits 0 (38) (610)
Purchases of short-term bank deposits 0 (1,364) (3,617)
Proceeds from disposal of held for sale assets 241 0 0
Proceeds from disposal of property, plant and equipment 204 399 297
Proceeds from disposal of investment property 301 0 0
Proceeds from maturities of long-term bank deposits 307 0 0
Proceeds from maturities of short-term bank deposits 112 3,401 0
Net cash used in investing activities (2,655) (6,153) (20,296)
Financing activities:      
Dividend paid to non-controlling shareholders of subsidiaries (565) (2,817) (1,208)
Issuance of common stock for cash 7,922 0 0
Repayments of borrowings (19,278) (11,819) (5,037)
Repayments of borrowings - related parties 0 (6,000) (639)
Proceeds from borrowings 22,167 63,915 3,531
Proceeds from borrowings - related parties 0 0 6,000
Principal elements of lease payments (616) (632) (586)
Effect from the changes in shareholding percentage in subsidiary 0 (235) 0
Financing 9,630 42,412 2,061
Effect of exchange rate (2,036) (4,372) 424
Net increase (decrease) in cash and cash equivalents 11,505 (9,725) (1,436)
Cash and cash equivalents at beginning of year 42,512 52,237 53,673
Cash and cash equivalents at end of year $ 54,017 $ 42,512 $ 52,237