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Inventories
12 Months Ended
Dec. 31, 2020
Inventories
    December 31,  
    2020     2019  
    US$’000     US$’000  
             
   Raw materials     63       85  
   Work in progress     20       29  
   Finished goods     259       472  
                 
      342       586  

 

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, 2020, and 2019, write-down of inventories amounted to US$13,000 and US$35,000, respectively, which were charged to cost of revenue in consolidated statements of operations and comprehensive income / (loss).

 

ZHEJIANG TIANLAN  
Inventories
    December 31,  
    2020     2019  
    RMB’000     RMB’000  
             
Raw materials     341       5,742  
Finished goods     2,048       13  
                 
      2,389       5,755