v3.26.1
Income Tax (Benefit) Expense (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax (Benefit) Expense [Abstract]  
Schedule of Income Tax Benefit
   Year ended
December 31,
 
   2023   2024   2025 
   USD’000   USD’000   USD’000 
PRC Enterprise Income Tax Expense            
Current year   83    38    295 
Deferred tax   (201)   (123)   (113)
    (118)   (85)   182 
Schedule of Reconciliation Between Income Tax (Benefit) Expense and Profit (Loss) Before Taxation

A reconciliation between income tax (benefit) expense and profit (loss) before taxation at tax rates applicable to each subsidiary is set out below:

 

   Year ended
December 31,
 
   2023   2024   2025 
   USD’000   USD’000   USD’000 
Profit before taxation   11,383    2,003    863 
                
Taxation at the applicable tax rate   2,898    597    199 
Tax effect of preferential tax rates for tea plantation in the PRC   (3,132)   (1,023)   (301)
Tax effect of non-deductible expenses   159    221    256 
Tax effect of non-taxable income   
    
    (276)
Tax effect of tax losses unrecognized   
    95    78 
Tax effect of tax losses expired   
    
    83 
(Over) under-provision in prior year   (43)   25    143 
Income tax (benefit) expense   (118)   (85)   182