v3.25.2
FINANCE COST (Tables)
6 Months Ended
Jun. 30, 2025
FINANCE COST  
Schedule of finance cost

 

 

Three Months Ended June 30, 

 

 

Six Months Ended June 30

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Unwinding of discount on liabilities

 

$51,166

 

 

$47,547

 

 

 

51,166

 

 

 

78,464

 

Interest on term finance certificates

 

 

136,337

 

 

 

238,513

 

 

 

312,687

 

 

 

490,803

 

Interest on long term loan

 

 

133,261

 

 

 

114,043

 

 

 

276,742

 

 

 

230,700

 

Interest on short term borrowings

 

 

-

 

 

 

60,049

 

 

 

-

 

 

 

120,449

 

Finance charges on lease liabilities

 

 

27,813

 

 

 

26,339

 

 

 

48,336

 

 

 

52,880

 

Bank charges and commission

 

 

6,345

 

 

 

6,169

 

 

 

12,728

 

 

 

12,653

 

 

 

$354,922

 

 

$492,661

 

 

 

701,660

 

 

 

985,951