v3.25.2
Earnings Per Share
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

16. EARNINGS PER SHARE

 

Basic and diluted earnings per share for the periods presented were calculated as follows:

 

   For the Six Months Ended
June 30,		 
   2025   2024 
         
Numerator:        
Net income attributable to the Company’s ordinary shareholders (U$’000)          
Basic   30,253    36,639 
Diluted   30,253    36,639 
           
Denominator:          
Weighted-average number of common stock used to compute net income per share          
Basic   163,186,914    159,525,286 
Diluted   168,569,206    163,153,129 
           
Basic and diluted earnings per share ($)          
Basic   0.19    0.23 
Diluted   0.18    0.22 

 

Net income per ordinary share is calculated in accordance with ASC 260 - Earnings Per Share. Basic income per ordinary share is computed by dividing net income by the weighted average number of ordinary shares outstanding during the period. For the six months ended June 30, 2025 and 2024, the Company recorded net income and as such, the Company calculated the impact of dilutive ordinary shares in determining diluted earnings per share.