Trade payables are non-interest bearing and are normally settled on 30 to 60 days’ (2025: 30 to 60 days) credit term.

Advance payment from customers represents payment received from customers prior to delivery of goods. Upon delivery of goods and acceptance by customers, the advance payment will be offset against trade receivable.

Accrued expenses mainly consist of staff cost, contract workers’ cost, interest payables, freight charges and professional fees.

The currency profiles of the Company’s trade and other payables as at the end of each reporting period are as follows: