NOTE-
5 INVENTORIES, NET
Inventories, net consist of the following:
SCHEDULE OF INVENTORIES
| |
|
As
of
Dec 31, 2024 |
|
|
As
of
Dec 31, 2025 |
|
| |
|
S$’000 |
|
|
S$’000 |
|
| Finished
goods at cost |
|
|
19,093 |
|
|
|
16,234 |
|
| Less: Allowance for inventories obsolescence |
|
|
(473 |
) |
|
|
(473 |
) |
| Inventories,
net |
|
|
18,620 |
|
|
|
15,761 |
|
Movements in allowance for inventories obsolescence
are as follows:
SCHEDULE OF ANALYSIS OF ALLOWANCE
| | |
As of
Dec 31, 2024 | | |
As of
Dec 31, 2025 | |
| | |
| S$’000 | | |
| S$’000 | |
| | |
| | | |
| | |
| Allowance for inventories obsolescence, beginning | |
| 492 | | |
| 473 | |
| Reversal of inventories obsolescence | |
| (19 | ) | |
| - | |
| Allowance for inventories obsolescence, ending | |
| 473 | | |
| 473 | |
|