14.
DEFERRED TAX ASSETS
The
movements of deferred tax assets are as follows:
| | |
Credit
loss in relation
to accounts
receivable | | |
Deferred
taxable
income | | |
Unused
tax
loss | | |
Total | |
| | |
US$’000 | | |
US$’000 | | |
US$’000 | | |
US$’000 | |
| As of March 31, 2024 | |
| 36 | | |
| 392 | | |
| - | | |
| 428 | |
| Credit (charge) for the year | |
| 2 | | |
| (391 | ) | |
| 148 | | |
| (241 | ) |
| Exchange realignment | |
| - | | |
| (1 | ) | |
| 2 | | |
| 1 | |
| As of March 31, 2025 | |
| 38 | | |
| - | | |
| 150 | | |
| 188 | |
| Valuation allowance | |
| (38 | ) | |
| - | | |
| (148 | ) | |
| (186 | ) |
| Exchange realignment | |
| - | | |
| - | | |
| (2 | ) | |
| (2 | ) |
| As of March 31, 2026 | |
| - | | |
| - | | |
| - | | |
| - | |
|