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OPERATING SEGMENTS (Tables)
 9 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
SUMMARY OF IDENTIFIABLE ASSETS

The following table presents a summary of identifiable assets as of March 31, 2022 and June 30, 2021:

 

   As of   As of 
   March 31, 2022   June 30, 2021 
Identifiable assets:          
Corporate headquarters  $1,765,803   $2,067,474 
North America   5,653,292    6,073,616 
Europe   9,448,659    10,363,611 
Asia - Pacific   65,208,505    68,101,560 
Consolidated  $82,076,259   $86,606,261 
SUMMARY OF INVESTMENT UNDER EQUITY METHOD

The following table presents a summary of investment under equity method as of March 31, 2022 and June 30, 2021:

 

   As of   As of 
   March 31, 2022   June 30, 2021 
Investment in associates under equity method:          
Corporate headquarters  $337,127   $396,403 
Asia - Pacific   2,556,573    2,759,449 
Consolidated  $2,893,700   $3,155,852 
SUMMARY OF OPERATING INFORMATION

The following table presents a summary of operating information for the three and nine months ended March 31:

 

   For the Three Months   For the Nine Months 
   Ended March 31,   Ended March 31, 
   2022   2021   2022   2021 
Revenues from unaffiliated customers:                    
North America  $1,113,820   $1,008,011   $3,104,433   $2,837,445 
Europe   2,088,918    2,748,945    7,483,911    8,627,042 
Asia - Pacific   11,607,088    10,027,040    33,115,205    28,088,347 
    14,809,826    13,783,996    43,703,549    39,552,834 
Revenue from affiliated customers                    
Asia - Pacific   -    -    -    - 
    -    -    -    - 
Consolidated  $14,809,826   $13,783,996   $43,703,549   $39,552,834 
                     
Intercompany revenue                    
Europe  $105,668   $160,970   $349,345   $426,883 
Asia - Pacific   3,104,913    3,810,340    6,439,377    9,094,697 
Eliminated  $3,210,581   $3,971,310   $6,788,722   $9,521,580 
                     
Net income (loss) after taxes and before non-controlling interest:                    
Corporate headquarters  $(394,375)  $(804,636)  $(127,742)  $1,536,305 
North America   (86,722)   57,460    (213,730)   (271,356)
Europe   (575,533)   (474,629)   (973,972)   301,472 
Asia - Pacific   1,039,158    246,635    4,287,015    (1,497,302)
Consolidated  $(17,472)  $(975,170)  $2,971,571   $69,119 
                     
Depreciation and amortization:                    
North America  $451  

$

701   $1,544   $3,653 
Europe   88,987    139,180    288,481    356,117 
Asia - Pacific   858,495    891,962    2,579,646    2,536,433 
Consolidated  $947,933   $1,031,843   $2,869,671   $2,896,203 
                     
Interest expense:                    
Corporate headquarters  $8,105   $4,647   $28,111   $15,578 
North America   -    725    -    2,660 
Europe   1,766    4,106    8,050    8,133 
Asia - Pacific   76,045    89,178    241,576    269,853 
Consolidated  $85,916   $98,656   $277,737   $296,224 
                     
Income tax expense:                    
Corporate headquarters  $-   $-   $800   $- 
North America   400    450    2,000    450 
Europe  -    18,333    9,524    222,370 
Asia - Pacific   157,204    114,373    514,413    420,064 
Consolidated  $157,604   $133,156   $526,737   $642,884 
SUMMARY OF CAPITAL EXPENDITURES

The following table presents a summary of capital expenditures for the nine months ended March 31:

 

   For the Nine Months 
   Ended March 31, 
   2022   2021 
Capital expenditures:          
North America  $-   $1,520 
Europe   134,450    388,367 
Asia - Pacific   1,546,406    1,719,171 
Consolidated  $1,680,856   $2,109,058