Profit for the Year (Tables)

12 Months Ended

Dec. 31, 2022

Profit or loss [abstract]

Summary of Profit for the year

Profit for the year has been arrived at after charging (crediting):

	2022			2021			2020
	S$’000			S$’000			S$’000
Gain on disposal of a subsidiary		—			—			731
Share of profit from an associate		139			101			196
Included in employee benefits expense:
Wages, salaries, bonuses and other benefits		399,995			322,539			249,157
Defined contribution plan		16,021			11,741			8,828
Equity-settled share-based payment expense		19,465			5,204			—
Cash-settled share-based payment expense		869			199			—
Included in interest expense:
Interest on bank loans		170			6,666			1,344
Interest expense on lease liabilities		1,554			1,529			1,559
Accretion on provision for reinstatement cost		136			158			141
Others		76			61			14
Included in other operating expense:
Professional fees		4,646			3,737			6,135
Utilities expense		2,599			2,131			1,953
Foreign exchange (gain) loss — net		(1,716	)		(1,375	)		1,753
Forfeiture of office lease deposit		—			—			1,094