XML 69 R35.htm IDEA: XBRL DOCUMENT v3.25.1

Revenue and Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Revenue and Segment Information [Abstract]

Schedule of Disaggregation of Revenue from Contracts with Customers Recognized at a Point in Time

The Group’s revenue was generated from production and trading of primarily-processed teas and refined teas in the PRC. Disaggregation of revenue from contracts with customers recognized at a point in time is as follows:

		Year ended December 31,
		2022				2023				2024
		USD’000				USD’000				USD’000
Sales of primarily-processed white teas
Premium-grade			3,494				3,578				1,783
First-grade			6,224				5,806				3,260
Second-grade			5,001				5,088				3,029
Third-grade			5,515				5,413				3,159
Sales of primarily-processed black teas
Premium-grade			747				691				449
First-grade			1,237				1,176				776
Second-grade			990				900				690
Third-grade			1,082				1,031				669
Sales of refined teas			16				439				1,199
			24,306				24,122				15,014

Schedule of Information by Operating Segment

Information by operating segment is as follows:

	Year ended December 31,
	2022		2023				2024
	USD’000		USD’000				USD’000
Revenues:
Sales of primarily-processed teas	24,290			23,683				13,815
Sales of refined teas	16			439				1,199
	24,306			24,122				15,014
Cost of sales:
Sales of primarily-processed teas	11,653			11,269				10,427
Sales of refined teas	3			69				657
	11,656			11,338				11,084
Segment results:
Sales of primarily-processed teas	12,637			12,414				3,388
Sales of refined teas	13			370				542
	12,650			12,784				3,930

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration