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TRADE AND OTHER RECEIVABLES (Tables)
 12 Months Ended
Dec. 31, 2024
Trade and other receivables [abstract]  
Summary of Trade and Other Receivables
As of December 31,
20242023
US$’000 US$’000
Trade receivables103,789 106,333 
Less: Loss allowances(1,000)(1,378)
Trade receivable, net102,789 104,955 
Other receivables1,257 1,670 
Less: Loss allowances— — 
Other receivable, net1,257 1,670 
Movement in Provision for Impairment of Trade Receivables
12(a)    Movement in the loss allowance on trade receivables
20242023
US$’000 US$’000
At January 11,378 1,337 
Charge for the year592 97 
Write-off(952)(55)
Unused amounts reversed(10)(22)
Currency translation adjustment(8)21 
At December 311,000 1,378 
12(b)    Aging analysis of trade receivables
Past due
TotalCurrent1-30 days31-60 days61-90 days91-120 days>120 days
US$’000US$’000US$’000US$’000US$’000US$’000US$’000
December 31, 2024
Expected loss rate0.96%0.09%0.77%4.29%4.84%2.83%24.62%
Gross carrying amount - trade receivables103,789 85,686 11,460 2,588 1,095 283 2,677 
Loss allowances1,000 81 88 111 53 8 659 
Trade receivable, net102,789 85,605 11,372 2,477 1,042 275 2,018 
December 31, 2023
Expected loss rate1.30%0.06%0.47%2.09%3.43%4.76%75.74%
Gross carrying amount - trade receivables106,333 88,601 11,648 2,819 1,080 672 1,513 
Loss allowances1,378 49 55 59 37 32 1,146 
Trade receivable, net104,955 88,552 11,593 2,760 1,043 640 367