v3.26.1
(Loss)/Earnings Per Share
 6 Months Ended
Jun. 30, 2026
(Loss)/Earnings Per Share [Abstract]  
(LOSS)/EARNINGS PER SHARE

16. (LOSS)/EARNINGS PER SHARE

 

Basic and diluted (loss)/earnings per share for the periods presented were calculated as follows:

 

    For the Six Months Ended
June 30,		  
    2026     2025  
             
Numerator:            
Net (loss)/income attributable to the Company’s ordinary shareholders (U$’000)            
Basic     (55,518 )     30,253  
Diluted     (55,518 )     30,253  
                 
Denominator:                
Weighted-average number of ordinary shares used to compute net income per share                
Basic     166,916,728       163,186,914  
Diluted     166,916,728       168,569,206  
                 
Basic and diluted (loss)/earnings per share ($)                
Basic     (0.33 )     0.19  
Diluted     (0.33 )     0.18  

 

Net income per ordinary share is calculated in accordance with ASC 260 - Earnings Per Share. Basic loss or income per ordinary share is computed by dividing net loss or income by the weighted average number of ordinary shares outstanding during the period. Diluted net loss per share for the six months ended June 30, 2026, excludes ordinary shares issuable upon conversion of the Warrants, as their inclusion would have been anti-dilutive; while the computation of diluted net income per share for the same period of 2025 includes the impact of dilutive ordinary shares issuable upon conversion of the Warrants, as the Company recorded net income for that period.