| SCHEDULE OF REVENUE AND SEGMENT INFORMATION |
SCHEDULE OF REVENUE AND SEGMENT INFORMATION
| | |
Direct
Purchase
and ODM | | |
Unallocated | | |
Total reportable
segment | |
| | |
For the period ended June 30, 2026 | |
| | |
Direct
Purchase
and ODM | | |
Unallocated | | |
Total reportable
segment | |
| | |
USD | | |
USD | | |
USD | |
| Logs | |
| 2,254,727 | | |
| - | | |
| 2,254,727 | |
| Flooring | |
| 404,717 | | |
| - | | |
| 404,717 | |
| Decking | |
| 213,999 | | |
| - | | |
| 213,999 | |
| Sawn timber | |
| 88,913 | | |
| - | | |
| 88,913 | |
| Revenue from external customers and segment revenue | |
| 2,962,356 | | |
| - | | |
| 2,962,356 | |
| | |
| | | |
| | | |
| | |
| Interest income | |
| 123 | | |
| - | | |
| 123 | |
| Interest expenses | |
| 146,693 | | |
| 2,121 | | |
| 148,814 | |
| Depreciation/amortization | |
| 91,353 | | |
| - | | |
| 91,353 | |
| Reportable segment results | |
| (1,548,675 | ) | |
| (189,496 | ) | |
| (1,738,171 | ) |
| | |
Direct
Purchase
and ODM | | |
Unallocated | | |
Total reportable
segment | |
| | |
For the period ended June 30, 2025 | |
| | |
Direct
Purchase
and ODM | | |
Unallocated | | |
Total reportable
segment | |
| | |
USD | | |
USD | | |
USD | |
| Logs | |
| 4,330,490 | | |
| - | | |
| 4,330,490 | |
| Flooring | |
| 3,153,667 | | |
| - | | |
| 3,153,667 | |
| Decking | |
| 663,971 | | |
| - | | |
| 663,971 | |
| Revenue from external customers and segment revenue | |
| 8,148,128 | | |
| - | | |
| 8,148,128 | |
| | |
| | | |
| | | |
| | |
| Interest income | |
| 2,817 | | |
| 5 | | |
| 2,822 | |
| Interest expenses | |
| 275,375 | | |
| 1,018 | | |
| 276,393 | |
| Depreciation/amortization | |
| 43,886 | | |
| - | | |
| 43,886 | |
| Reportable segment results | |
| (454,821 | ) | |
| (45,425 | ) | |
| (500,246 | ) |
| |
(b) |
Reconciliation
of the reportable segment assets and liabilities |
| | |
Direct Purchase
and ODM | | |
Unallocated | | |
Total reportable
segment | |
| | |
As at June 30, 2026 | |
| | |
Direct Purchase
and ODM | | |
Unallocated | | |
Total reportable
segment | |
| | |
USD | | |
USD | | |
USD | |
| Reportable segment assets | |
| 8,352,774 | | |
| 158,274 | | |
| 8,511,048 | |
| | |
| | | |
| | | |
| | |
| Reportable segment liabilities | |
| (5,184,995 | ) | |
| (1,494,458 | ) | |
| (6,679,453 | ) |
| | |
Direct Purchase
and ODM | | |
Unallocated | | |
Total reportable
segment | |
| | |
As at December 31, 2025 | |
| | |
Direct Purchase
and ODM | | |
Unallocated | | |
Total reportable
segment | |
| | |
USD | | |
USD | | |
USD | |
| Reportable segment assets | |
| 14,035,272 | | |
| 343,100 | | |
| 14,378,372 | |
| | |
| | | |
| | | |
| | |
| Reportable segment liabilities | |
| (9,290,872 | ) | |
| (1,316,649 | ) | |
| (10,607,521 | ) |
|
| SCHEDULE OF REVENUES BY GEOGRAPHICAL LOCATIONS |
In
the following table, revenue is disaggregated by the geographical locations of customers and by the timing of revenue recognition.
SCHEDULE OF REVENUES BY GEOGRAPHICAL LOCATIONS
| | |
2026 | | |
2025 | |
| | |
For the period ended June 30 | |
| | |
2026 | | |
2025 | |
| | |
USD | | |
USD | |
| | |
| | |
| |
| Geographical locations: | |
| | | |
| | |
| China | |
| 2,179,496 | | |
| 3,470,774 | |
| Europe | |
| 298,117 | | |
| 1,170,780 | |
| North America | |
| 85,489 | | |
| 23,539 | |
| Asia | |
| 371,780 | | |
| 3,483,035 | |
| Africa | |
| 27,474 | | |
| - | |
| Total | |
| 2,962,356 | | |
| 8,148,128 | |
| | |
| | | |
| | |
| Timing of revenue recognition: | |
| | | |
| | |
| At a point in time | |
| 2,962,356 | | |
| 8,148,128 | |
|