Abundance Intl 541

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Financials

ANNUAL REPORT 2025

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Consolidated Statement of Comprehensive Income (Group)

24 metrics

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Consolidated Statement of Comprehensive Income (Group) from ANNUAL REPORT 2025
Metric / unit	2025Group	2024Group	Source
Income statement
RevenueUS$'000	492,777	729,658	PDF p. 55
Other incomeUS$'000	858	845	PDF p. 55
Changes in inventories and purchases of inventoriesUS$'000	(476,863)	(697,852)	PDF p. 55
Amortisation of right-of-use assetsUS$'000	(151)	(160)	PDF p. 55
Depreciation of property, plant and equipmentUS$'000	(621)	(607)	PDF p. 55
Employee benefits expensesUS$'000	(2,820)	(2,935)	PDF p. 55
Freight and handling chargesUS$'000	(18,099)	(22,749)	PDF p. 55
Other expensesUS$'000	(3,528)	(4,771)	PDF p. 55
Finance costsUS$'000	(504)	(510)	PDF p. 55
(Loss)/Profit before taxUS$'000	(8,951)	919	PDF p. 55
Tax expenseUS$'000	(205)	(639)	PDF p. 55
(Loss)/Profit for the yearUS$'000	(9,156)	280	PDF p. 55
Other comprehensive income - items not reclassified
- Revaluation gain on buildingUS$'000	583	528	PDF p. 55
- Net (loss)/gain on financial asset at FVTOCI (equity investment)US$'000	(66)	1,268	PDF p. 55
Other comprehensive income - items that may be reclassified
- Currency translation differences arising from consolidation of foreign operationsUS$'000	988	(1,104)	PDF p. 55
Other comprehensive income
Other comprehensive income for the year, net of taxUS$'000	1,505	692	PDF p. 55
Total comprehensive (loss)/income for the yearUS$'000	(7,651)	972	PDF p. 55
(Loss)/Profit for the year attributable to
- Owners of the CompanyUS$'000	(9,157)	276	PDF p. 56
- Non-controlling interestsUS$'000	1	4	PDF p. 56
(Loss)/Profit for the yearUS$'000	(9,156)	280	PDF p. 56
Total comprehensive (loss)/income attributable to
- Owners of the CompanyUS$'000	(7,652)	968	PDF p. 56
- Non-controlling interestsUS$'000	1	4	PDF p. 56
Total comprehensive (loss)/income for the yearUS$'000	(7,651)	972	PDF p. 56
(Losses)/Earnings per share (cents)
- Basic and dilutedcents per share	(0.71)	0.02	PDF p. 56

Definitions & sources

Original report: PDF p. 55 ↗ PDF p. 56 ↗

Statement continues across pages 55 and 56 (cont'd). Header: FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025. No separate Company income statement is presented in the report pages read.

Statements of Financial Position - Assets (Group and Company)

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Statements of Financial Position - Assets (Group and Company) from ANNUAL REPORT 2025
Metric / unit	2025Group, 31 December	2024Group, 31 December	2025Company, 31 December	2024Company, 31 December	Source
Non-current Assets
SubsidiariesUS$'000	-	-	7,243	7,243	PDF p. 57
Financial asset at fair value through other comprehensive income (“FVTOCI”)US$'000	-	9,361	-	-	PDF p. 57
Financial assets at fair value through profit or loss (“FVTPL”)US$'000	1,298	1,256	-	-	PDF p. 57
Property, plant and equipmentUS$'000	14,382	13,688	14,366	13,665	PDF p. 57
Right-of-use assetsUS$'000	1,999	1,734	1,633	1,606	PDF p. 57
Deferred tax assetsUS$'000	13	110	-	-	PDF p. 57
Total Non-current AssetsUS$'000	17,692	26,149	23,242	22,514	PDF p. 57
Current Assets
InventoriesUS$'000	2,517	12,504	-	-	PDF p. 57
Trade receivablesUS$'000	27,996	17,868	-	-	PDF p. 57
Other receivables and depositsUS$'000	199	653	37	34	PDF p. 57
Advances and prepaymentsUS$'000	10,474	12,563	18	16	PDF p. 57
Amounts due from subsidiariesUS$'000	-	-	3,129	3,242	PDF p. 57
Financial assets at fair value through profit or loss (“FVTPL”)US$'000	187	94	-	-	PDF p. 57
Income tax recoverableUS$'000	76	-	-	-	PDF p. 57
Cash and bank balancesUS$'000	12,077	5,258	1,579	102	PDF p. 57
Total Current AssetsUS$'000	53,526	48,940	4,763	3,394	PDF p. 57
Assets
Total AssetsUS$'000	71,218	75,089	28,005	25,908	PDF p. 57

Definitions & sources

Original report: PDF p. 57 ↗

# Amount less than US$1,000

Row 'Income tax recoverable' printed with Group 2025 76 and a dash for other cells as extracted; Group 2024 cell appears as dash.

Statements of Financial Position - Liabilities and Equity (Group and Company)

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Statements of Financial Position - Liabilities and Equity (Group and Company) from ANNUAL REPORT 2025
Metric / unit	2025Group, 31 December	2024Group, 31 December	2025Company, 31 December	2024Company, 31 December	Source
Equity
Share capitalUS$'000	44,868	44,868	44,868	44,868	PDF p. 58
ReservesUS$'000	(15,423)	(7,771)	(20,238)	(22,270)	PDF p. 58
Equity attributable to owners of the CompanyUS$'000	29,445	37,097	24,630	22,598	PDF p. 58
Non-controlling interestsUS$'000	12	11	-	-	PDF p. 58
Total EquityUS$'000	29,457	37,108	24,630	22,598	PDF p. 58
Non-current Liabilities
Lease liabilitiesUS$'000	2,175	1,861	1,880	1,813	PDF p. 58
Deferred tax liabilitiesUS$'000	1,167	2,335	1,167	1,101	PDF p. 58
Total Non-current LiabilitiesUS$'000	3,342	4,196	3,047	2,914	PDF p. 58
Current Liabilities
Trade payablesUS$'000	25,777	24,747	-	-	PDF p. 58
Other payables and accrualsUS$'000	6,337	4,318	286	358	PDF p. 58
Advances from customersUS$'000	5,756	3,373	-	-	PDF p. 58
BorrowingsUS$'000	429	803	-	-	PDF p. 58
Lease liabilitiesUS$'000	116	122	42	38	PDF p. 58
Income tax liabilitiesUS$'000	4	422	-	-	PDF p. 58
Total Current LiabilitiesUS$'000	38,419	33,785	328	396	PDF p. 58
Liabilities
Total LiabilitiesUS$'000	41,761	37,981	3,375	3,310	PDF p. 58
Liabilities and equity
Total Equity and LiabilitiesUS$'000	71,218	75,089	28,005	25,908	PDF p. 58

Definitions & sources

Original report: PDF p. 58 ↗

Continuation (cont'd) of Statements of Financial Position as at 31 December 2025.

Consolidated Statement of Comprehensive Income (Group)

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Consolidated Statement of Comprehensive Income (Group) from ANNUAL REPORT 2025
Metric / unit	2025Group, US$'000	2024Group, US$'000	Source
Income statement
RevenueUS$'000	492,777	729,658	PDF p. 55
Other incomeUS$'000	858	845	PDF p. 55
Changes in inventories and purchases of inventoriesUS$'000	(476,863)	(697,852)	PDF p. 55
Amortisation of right-of-use assetsUS$'000	(151)	(160)	PDF p. 55
Depreciation of property, plant and equipmentUS$'000	(621)	(607)	PDF p. 55
Employee benefits expensesUS$'000	(2,820)	(2,935)	PDF p. 55
Freight and handling chargesUS$'000	(18,099)	(22,749)	PDF p. 55
Other expensesUS$'000	(3,528)	(4,771)	PDF p. 55
Finance costsUS$'000	(504)	(510)	PDF p. 55
(Loss)/Profit before taxUS$'000	(8,951)	919	PDF p. 55
Tax expenseUS$'000	(205)	(639)	PDF p. 55
(Loss)/Profit for the yearUS$'000	(9,156)	280	PDF p. 55
Other comprehensive income - items that will not be reclassified
- Revaluation gain on buildingUS$'000	583	528	PDF p. 55
- Net (loss)/gain on financial asset at FVTOCI (equity investment)US$'000	(66)	1,268	PDF p. 55
Other comprehensive income - items that may be reclassified
- Currency translation differences arising from consolidation of foreign operationsUS$'000	988	(1,104)	PDF p. 55
Other comprehensive income
Other comprehensive income for the year, net of taxUS$'000	1,505	692	PDF p. 55
Total comprehensive income
Total comprehensive (loss)/income for the yearUS$'000	(7,651)	972	PDF p. 55

Definitions & sources

Original report: PDF p. 55 ↗

Note references as printed; row labels for two items wrap across lines (Net (loss)/gain on financial asset at FVTOCI (equity investment); Currency translation differences arising from consolidation of foreign operations). No Company-level comprehensive income statement is presented.

Consolidated Statement of Comprehensive Income (cont'd) - attribution and EPS

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Consolidated Statement of Comprehensive Income (cont'd) - attribution and EPS from ANNUAL REPORT 2025
Metric / unit	2025Group, US$'000	2024Group, US$'000	Source
(Loss)/Profit for the year attributable to
- Owners of the CompanyUS$'000	(9,157)	276	PDF p. 56
- Non-controlling interestsUS$'000	1	4	PDF p. 56
(Loss)/Profit for the yearUS$'000	(9,156)	280	PDF p. 56
Total comprehensive (loss)/income attributable to
- Owners of the CompanyUS$'000	(7,652)	968	PDF p. 56
- Non-controlling interestsUS$'000	1	4	PDF p. 56
Total comprehensive (loss)/income for the yearUS$'000	(7,651)	972	PDF p. 56
(Losses)/Earnings per share (cents)
- Basic and dilutedcents	(0.71)	0.02	PDF p. 56

Definitions & sources

Original report: PDF p. 56 ↗

Consolidated Statement of Cash Flows (Group) - operating activities

23 metrics

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Consolidated Statement of Cash Flows (Group) - operating activities from ANNUAL REPORT 2025
Metric / unit	2025Group, US$'000	2024Group, US$'000	Source
Cash Flows from Operating Activities
(Loss)/Profit before taxUS$'000	(8,951)	919	PDF p. 61
Adjustments for
Amortisation and depreciationUS$'000	772	767	PDF p. 61
Dividend income from financial assets at FVTPLUS$'000	(7)	(2)	PDF p. 61
Net gain from financial instruments at FVTPLUS$'000	(65)	(27)	PDF p. 61
Loss on disposal of property, plant and equipmentUS$'000	3	-	PDF p. 61
Impairment loss on plant and equipmentUS$'000	-	12	PDF p. 61
Impairment loss/(Reversal of impairment loss) on tradeUS$'000	35	(11)	PDF p. 61
Impairment loss on other receivablesUS$'000	85	213	PDF p. 61
Interest incomeUS$'000	(55)	(88)	PDF p. 61
Interest expenseUS$'000	504	510	PDF p. 61
Reversal of inventories write-down, netUS$'000	-	(145)	PDF p. 61
Unrealised gain from currency futures contractUS$'000	-	(1)	PDF p. 61
Cash Flows from Operating Activities
Operating cash flows before working capital changesUS$'000	(7,679)	2,147	PDF p. 61
Change in working capital
Change in inventoriesUS$'000	10,428	533	PDF p. 61
Change in trade and other receivables and depositsUS$'000	(9,362)	(7,048)	PDF p. 61
Change in advances and prepaymentsUS$'000	2,139	2,210	PDF p. 61
Change in trade and other payables and accrualsUS$'000	2,482	5,361	PDF p. 61
Change in advances from customersUS$'000	2,240	(2,778)	PDF p. 61
Cash Flows from Operating Activities
Cash generated from operationsUS$'000	248	425	PDF p. 61
Interest income receivedUS$'000	16	26	PDF p. 61
Interest paidUS$'000	(91)	(165)	PDF p. 61
Income tax paidUS$'000	(598)	(178)	PDF p. 61
Net cash (used in)/generated from operating activitiesUS$'000	(425)	108	PDF p. 61

Definitions & sources

Original report: PDF p. 61 ↗

Group only; no Company cash flow statement is presented.

Consolidated Statement of Cash Flows (cont'd) - investing, financing and closing cash

25 metrics

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Consolidated Statement of Cash Flows (cont'd) - investing, financing and closing cash from ANNUAL REPORT 2025
Metric / unit	2025Group, US$'000	2024Group, US$'000	Source
Cash Flows from Investing Activities
Purchase of property, plant and equipmentUS$'000	(4)	(31)	PDF p. 62
Proceeds from disposal of property, plant and equipmentUS$'000	78	-	PDF p. 62
Proceeds from disposal of financial assets at FVTOCIUS$'000	8,061	-	PDF p. 62
Purchase of financial assets at FVTPLUS$'000	(278)	-	PDF p. 62
Proceeds from disposal of financial assets at FVTPLUS$'000	213	-	PDF p. 62
Purchase of financial assets (a)US$'000	37,397	-	PDF p. 62
Redemption of financial assets (a)US$'000	(37,397)	-	PDF p. 62
Dividend received from financial assets at FVTPLUS$'000	6	1	PDF p. 62
Interest income received from financial assets at FVTPLUS$'000	33	-	PDF p. 62
Advances to associateUS$'000	(28)	(185)	PDF p. 62
Net cash generated from/(used in) investing activitiesUS$'000	8,085	(215)	PDF p. 62
Cash Flows from Financing Activities
Proceeds from bank borrowingsUS$'000	417	417	PDF p. 62
Repayment of principal portion of bank borrowingsUS$'000	(751)	(1,201)	PDF p. 62
Interest paid for bank borrowingsUS$'000	(15)	(38)	PDF p. 62
Loans from a related partyUS$'000	3,532	-	PDF p. 62
Loans repayment to a related partyUS$'000	(3,532)	-	PDF p. 62
Interest paid for loans from a related partyUS$'000	(2)	-	PDF p. 62
Repayment of principal portion of lease liabilitiesUS$'000	(231)	(224)	PDF p. 62
Payment of factoring and other interestUS$'000	(291)	(199)	PDF p. 62
Fixed deposit returnedUS$'000	-	500	PDF p. 62
Net cash used in financing activitiesUS$'000	(873)	(745)	PDF p. 62
Cash and cash equivalents
Net increase/(decrease) in cash and cash equivalentsUS$'000	6,787	(852)	PDF p. 62
Cash and cash equivalents at beginning of yearUS$'000	5,258	6,161	PDF p. 62
Effects of exchange rate fluctuations on cash heldUS$'000	32	(51)	PDF p. 62
Cash and cash equivalents at end of yearUS$'000	12,077	5,258	PDF p. 62

Definitions & sources

Original report: PDF p. 62 ↗

Note (a): During the financial year ended 31 December 2025, the Group recorded gross movements in the purchase and redemption of financial assets both at US$37.4 million, which relates to the several rollover of short-term DBS credit-linked notes.

The row 'Proceeds from disposal of financial liabilities at FVTPL' shows a single printed value of 4 without a clear column; not extracted.

Consolidated Statement of Changes in Equity (Group) - year ended 31 December 2025

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Consolidated Statement of Changes in Equity (Group) - year ended 31 December 2025 from ANNUAL REPORT 2025
Metric / unit	2025Group, Share capital, US$'000	2025Group, Translation reserve, US$'000	2025Group, Asset revaluation reserve, US$'000	2025Group, Fair value reserve, US$'000	2025Group, Statutory reserve, US$'000	2025Group, Accumulated losses, US$'000	2025Group, Discount paid on acquisition on non-controlling interests, US$'000	2025Group, Equity attributable to owners, US$'000	2025Group, Non-controlling interests, US$'000	2025Group, Total equity, US$'000	Source
Group
At 1 January 2025US$'000	44,868	(2,791)	13,537	5,182	606	(25,691)	1,386	37,097	11	37,108	PDF p. 59
Loss/(Profit) for the yearUS$'000	-	-	-	-	-	(9,157)	-	(9,157)	1	(9,156)	PDF p. 59
Other comprehensive income/(loss), net of taxUS$'000	-	988	583	(66)	-	-	-	1,505	-	1,505	PDF p. 59
Total comprehensive income/(loss) for the yearUS$'000	-	988	583	(66)	-	(9,157)	-	(7,652)	1	(7,651)	PDF p. 59
Transfer to accumulated lossesUS$'000	-	-	-	(5,116)	-	5,116	-	-	-	-	PDF p. 59
At 31 December 2025US$'000	44,868	(1,803)	14,120	-	606	(29,732)	1,386	29,445	12	29,457	PDF p. 59

Definitions & sources

Original report: PDF p. 59 ↗

Row labels 'Other comprehensive income/(loss), net of tax' and 'Total comprehensive income/(loss) for the year' wrap across lines; quotes show the numeric continuation line. Printed label 'Loss/(Profit) for the year' as shown.

Consolidated Statement of Changes in Equity (Group) - year ended 31 December 2024

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Consolidated Statement of Changes in Equity (Group) - year ended 31 December 2024 from ANNUAL REPORT 2025
Metric / unit	2024Group, Share capital, US$'000	2024Group, Translation reserve, US$'000	2024Group, Asset revaluation reserve, US$'000	2024Group, Fair value reserve, US$'000	2024Group, Statutory reserve, US$'000	2024Group, Accumulated losses, US$'000	2024Group, Discount paid on acquisition on non-controlling interests, US$'000	2024Group, Equity attributable to owners, US$'000	2024Group, Non-controlling interests, US$'000	2024Group, Total equity, US$'000	Source
Group
At 1 January 2024US$'000	44,868	(1,687)	13,009	3,914	572	(25,933)	1,386	36,129	7	36,136	PDF p. 60
Profit for the yearUS$'000	-	-	-	-	-	276	-	276	4	280	PDF p. 60
Other comprehensive (loss)/income, net of taxUS$'000	-	(1,104)	528	1,268	-	-	-	692	-	692	PDF p. 60
Total comprehensive (loss)/income for the yearUS$'000	-	(1,104)	528	1,268	-	276	-	968	4	972	PDF p. 60
Transfer to statutory reserveUS$'000	-	-	-	-	34	(34)	-	-	-	-	PDF p. 60
At 31 December 2024US$'000	44,868	(2,791)	13,537	5,182	606	(25,691)	1,386	37,097	11	37,108	PDF p. 60

Definitions & sources

Original report: PDF p. 60 ↗

Row labels 'Other comprehensive (loss)/income, net of tax' and 'Total comprehensive (loss)/income for the year' wrap across lines; quotes show the numeric continuation line.

Financial Highlights (five-year)

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Financial Highlights (five-year) from ANNUAL REPORT 2025
Metric / unit	2021Group, US$'000	2022Group, US$'000	2023Group, US$'000	2024Group, US$'000	2025Group, US$'000	Source
Financial Highlights
Revenue – ChemicalsUS$'000	713,141	568,650	622,913	729,376	492,529	PDF p. 13
Revenue – Printing RelatedUS$'000	1,058	633	447	282	248	PDF p. 13
Total revenueUS$'000	714,199	569,283	623,360	729,658	492,777	PDF p. 13
(“EBITDA/ (LBITDA)”)US$'000	8,125	2,898	822	2,108	(7,730)	PDF p. 13
Profit/(Loss) attributable to owners of the CompanyUS$'000	4,827	1,425	(300)	276	(9,157)	PDF p. 13
Property, plant and equipmentUS$'000	12,666	14,049	14,188	13,688	14,382	PDF p. 13
Net tangible assets attributable to owners of the CompanyUS$'000	37,012	38,237	36,129	37,097	29,445	PDF p. 13

Definitions & sources

Original report: PDF p. 13 ↗

EBITDA/(LBITDA) label printed as 'Earnings/(Losses) before interest, taxes, depreciation and amortisation (“EBITDA/ (LBITDA)”)'; row wraps across lines in source.

Financial Highlights – Revenue by Geographical Segment

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Financial Highlights – Revenue by Geographical Segment from ANNUAL REPORT 2025
Metric / unit	2021Group, US$'000	2022Group, US$'000	2023Group, US$'000	2024Group, US$'000	2025Group, US$'000	Source
Revenue by Geographical Segment
PRCUS$'000	468,624	374,971	455,435	516,248	310,994	PDF p. 13
Other Countries in AsiaUS$'000	200,473	174,551	160,881	202,559	164,432	PDF p. 13
OthersUS$'000	45,102	19,761	7,044	10,851	17,351	PDF p. 13
TotalUS$'000	714,199	569,283	623,360	729,658	492,777	PDF p. 13

Definitions & sources

Original report: PDF p. 13 ↗

Note 11 (Losses)/Earnings Per Share – Group

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Note 11 (Losses)/Earnings Per Share – Group from ANNUAL REPORT 2025
Metric / unit	2025Group	2024Group	Source
Note 11
Net (loss)/profit attributable to owners of the Company (US$’000) (A)US$'000	(9,157)	276	PDF p. 99
Weighted average number of ordinary shares outstanding (‘000) (B)'000 shares	1,281,689	1,281,689	PDF p. 99
Basic/Diluted (losses)/earnings per share (cents per share) (A)/(B)cents per share	(0.71)	0.02	PDF p. 99

Definitions & sources

Original report: PDF p. 99 ↗

Basic and diluted (losses)/earnings per share are calculated by dividing the net (loss)/profit for the year attributable to owners of the Company by the weighted average number of ordinary shares outstanding during the financial year.

Labels wrap across lines in source.

Consolidated Statement of Comprehensive Income – Earnings per share

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Consolidated Statement of Comprehensive Income – Earnings per share from ANNUAL REPORT 2025
Metric / unit	2025Group	2024Group	Source
(Losses)/Earnings per share (cents)
- Basic and dilutedcents	(0.71)	0.02	PDF p. 56

Definitions & sources

Original report: PDF p. 56 ↗

Where the money comes from

Segment information

By business

Operating Segments - segment results by business segment 10 lines

Operating Segments - segment results by business segment
Item / unit	2025Chemicals	2024Chemicals	2025Printing related	2024Printing related	2025Investment	2024Investment	2025Unallocated	2024Unallocated	2025Consolidated	2024Consolidated	Source
Segment results
Sales to external customersUS$'000	492,529	729,376	248	282	-	-	-	-	492,777	729,658	PDF p. 129
Changes in inventories and purchases of inventoriesUS$'000	(476,863)	(697,852)	-	-	-	-	-	-	(476,863)	(697,852)	PDF p. 129
Segment results (LBITDA)/EBITDA *US$'000	(7,408)	2,691	264	22	(41)	(5)	(545)	(600)	(7,730)	2,108	PDF p. 129
Depreciation and amortisationUS$'000	(94)	(107)	(678)	(660)	-	-	-	-	(772)	(767)	PDF p. 129
Interest incomeUS$'000	14	79	-	-	33	6	8	3	55	88	PDF p. 129
Interest expensesUS$'000	(442)	(411)	(99)	(99)	(2)	-	39	-	(504)	(510)	PDF p. 129
(Loss)/Profit before taxUS$'000	(7,930)	2,252	(513)	(737)	(10)	1	(498)	(597)	(8,951)	919	PDF p. 129
Tax (expense)/creditUS$'000	(271)	(641)	-	4	(3)	(2)	69	-	(205)	(639)	PDF p. 129
(Loss)/Profit for the yearUS$'000	(8,201)	1,611	(513)	(733)	(13)	(1)	(429)	(597)	(9,156)	280	PDF p. 129
Other material items
Storage feesUS$'000	(500)	(1,025)	-	-	-	-	-	-	(500)	(1,025)	PDF p. 129

Notes

* EBITDA – Earnings Before Interest, Taxation, Depreciation and Amortisation.

* LBITDA – Losses Before Interest, Taxation, Depreciation and Amortisation.

Segments: Chemicals (chemical trading), Printing related (paper management related activities), Investment (investment business). Segment performance evaluated on operating profit or loss; group financing and income taxes managed on a group basis.

Operating Segments - segment assets, liabilities and capital expenditure 10 lines

Operating Segments - segment assets, liabilities and capital expenditure
Item / unit	2025Chemicals	2024Chemicals	2025Printing related	2024Printing related	2025Investment	2024Investment	2025Elimination	2024Elimination	2025Consolidated	2024Consolidated	Source
Assets
Segment assetsUS$'000	48,391	49,828	28,076	25,966	5,035	9,671	(10,373)	(10,486)	71,129	74,979	PDF p. 130
Income tax recoverableUS$'000	76	-	-	-	-	-	-	-	76	-	PDF p. 130
Deferred tax assetsUS$'000	13	110	-	-	-	-	-	-	13	110	PDF p. 130
Consolidated total assetsUS$'000	48,480	49,938	28,076	25,966	5,035	9,671	(10,373)	(10,486)	71,218	75,089	PDF p. 130
Liabilities
Segment liabilitiesUS$'000	39,510	32,205	3,030	2,969	1,521	3,217	(3,900)	(3,970)	40,161	34,421	PDF p. 130
BorrowingsUS$'000	429	803	-	-	-	-	-	-	429	803	PDF p. 130
Income tax liabilitiesUS$'000	-	422	-	-	4	-	-	-	4	422	PDF p. 130
Deferred tax liabilitiesUS$'000	-	-	1,167	1,101	-	1,234	-	-	1,167	2,335	PDF p. 130
Consolidated total liabilitiesUS$'000	39,939	33,430	4,197	4,070	1,525	4,451	(3,900)	(3,970)	41,761	37,981	PDF p. 130
Capital expenditure
Capital expenditureUS$'000	4	4	-	27	-	-	-	-	4	31	PDF p. 130

By geography

Revenue - disaggregation by geographical area 11 lines

Revenue - disaggregation by geographical area
Item / unit	2025Chemicals - at point in time	2025Printing related - at point in time	2025Printing related - overtime	2025Total	2024Chemicals - at point in time	2024Printing related - at point in time	2024Printing related - overtime	2024Total	Source
- PRCUS$'000	310,994	-	-	310,994	516,248	-	-	516,248	PDF p. 95
- IndonesiaUS$'000	35,728	-	-	35,728	36,905	-	-	36,905	PDF p. 95
- VietnamUS$'000	24,069	-	-	24,069	21,545	-	-	21,545	PDF p. 95
- KoreaUS$'000	24,001	-	-	24,001	14,894	-	-	14,894	PDF p. 95
- JapanUS$'000	21,483	-	-	21,483	43,374	-	-	43,374	PDF p. 95
- ThailandUS$'000	17,847	-	-	17,847	25,430	-	-	25,430	PDF p. 95
- SingaporeUS$'000	17,452	154	94	17,700	24,043	210	72	24,325	PDF p. 95
- TaiwanUS$'000	16,407	-	-	16,407	18,970	-	-	18,970	PDF p. 95
- MalaysiaUS$'000	7,197	-	-	7,197	17,116	-	-	17,116	PDF p. 95
- OthersUS$'000	17,351	-	-	17,351	10,851	-	-	10,851	PDF p. 95
TotalUS$'000	492,529	154	94	492,777	729,376	210	72	729,658	PDF p. 95

Notes

Revenue is attributed to countries by location of customers. Total row has no printed label.

Group revenue by segment (Note 5): Chemicals 492,529 (2024: 729,376); Printing related management services 248 (2024: 282); total 492,777 (2024: 729,658).

Debt

Borrowings

Borrowing notes 2 tables

Borrowings (current)

Borrowings (current)
Item / unit	2025Group, US$'000	2024Group, US$'000	2025Company, US$'000	2024Company, US$'000	Source
Current
RMB-denominated bank loanUS$'000	429	411	-	-	PDF p. 126
SGD-denominated bank loanUS$'000	-	392	-	-	PDF p. 126
Total current borrowingsUS$'000	429	803	-	-	PDF p. 126

Notes

Printed column header reads 'Group 2025 2025 2024 2024' (Group/Company); column order inferred from layout: Group 2025, Group 2024, Company 2025, Company 2024; the 2024 Group total 803 agrees with the balance sheet.

SGD-denominated bank loan: Temporary Bridging Loan of SGD5 million under Singapore Enterprise Financing Scheme, carried interest at 3.00% (2024: 3.00%) per annum, was secured by corporate guarantee of the Company and repayable over 5 years from year 2020. It was fully repaid during the current financial year.

RMB-denominated bank loan: The bank loans bear interest rates range from 2.65% to 2.75% (2024: 2.75% to 3.1%) per annum and are secured over certain trade receivables, personal guarantee from a director and his spouse. The loan is repayable within the next 12 months from the reporting date.

Total row has no printed label.

Statement of financial position: borrowings and lease liabilities

Statement of financial position: borrowings and lease liabilities
Item / unit	2025Group, 31 December, US$'000	2024Group, 31 December, US$'000	2025Company, 31 December, US$'000	2024Company, 31 December, US$'000	Source
Non-current Liabilities
Lease liabilitiesUS$'000	2,175	1,861	1,880	1,813	PDF p. 58
Current Liabilities
BorrowingsUS$'000	429	803	-	-	PDF p. 58
Lease liabilitiesUS$'000	116	122	42	38	PDF p. 58

Notes

No non-current borrowings are presented.

Payout

Dividends & distributions

Dividend policy

Item	Value	Period / scope	Source
Dividend policy	The Company does not have a fixed dividend policy. The form, frequency and amount of dividends will depend on the Company’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business condition, development plans and other factors as the Directors may deem appropriate.	Company	PDF p. 37

Dividends declared and proposed

Item	Value	Period / scope	Source
first and final tax-exempt (one-tier) ordinary dividend	0.04 Singapore cents per share	FY2025 first and final dividend, recommended at forthcoming AGM	PDF p. 123
Dividend total	S$513,000	FY2025 first and final dividend total	PDF p. 123
Message to Shareholders	S$0.0004 per ordinary share	FY2025	PDF p. 7

Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

Auditor’s report

Audit & risk signals

Audit opinion

Item	Value	Period / scope	Source
Audit firm	Moore Stephens LLP	Group	PDF p. 54
Engagement partner	Chong Jia Yun, Michelle	Group	PDF p. 54
Opinion	In our opinion, the accompanying consolidated financial statements of the Group and the statement of financial position of the Company are properly drawn up	Group and Company	PDF p. 50

Key audit matters

Item	Value	Period / scope	Source
Valuation of building	Valuation of building	Group	PDF p. 51

Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

How to read these figures

Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.

Comparative figures follow ANNUAL REPORT 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.

These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.