18.         Income per share

Basic income per share is computed using the weighted average number of ordinary shares outstanding during the period. Diluted income per share is computed using the weighted average number of ordinary shares and dilutive ordinary share equivalents outstanding during the period. The dilutive effect of outstanding stock options is determined based on the treasury stock method.

The calculations of basic and diluted income per share attributable to the parent company for the three months ended June 30, 2025 and 2024, were as follows (figures are in thousands of USD, except share and per share amounts):

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The calculations of basic and diluted income per share attributable to the parent company for the six months ended June 30, 2025 and 2024, were as follows (figures are in thousands of USD, except share and per share amounts):

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The exercise prices for all outstanding stock options exceeded the weighted average market price of the Company’s common stock during the three and six months ended June 30, 2025. Therefore, these stock options were excluded from the calculation of the diluted income per share for the corresponding periods presented.