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Inventories
12 Months Ended
Dec. 31, 2019
Inventories
    December 31,  
    2019     2018  
    US$’000     US$’000  
             
Raw materials     85       96  
Work in progress     29       21  
Finished goods     472       284  
      586       401  

 

Management continuously reviews obsolete and slow moving inventories and assesses the inventory valuation to determine if the write-down of inventories is deemed appropriate. For the years ended December 31, 2019, and 2018, write-down of inventories amounted to US$35,000 and (US$5,000), respectively, which were charged / (credited) to cost of revenue in consolidated statements of operations and comprehensive income / (loss).

 

ZHEJIANG TIANLAN  
Inventories
    December 31,  
    2019     2018  
    RMB’000     RMB’000  
             
Raw materials     5,742       11,963  
Finished goods     13       -  
                 
      5,755       11,963