Inventories

6 Months Ended

Mar. 31, 2012

Inventories [Text Block]

4 Inventories

Inventories as of September 30, 2011 and March 31, 2012 consisted of the following:

		September 30,			March 31,
		2011			2012
Raw materials	$	21,294,868		$	22,482,657
Work-in-progress		9,366,491			9,682,110
Finished goods		43,605,308			35,815,767
		74,266,667			67,980,534
Provision for obsolete inventories		(7,125,699	)		(9,194,849	)
	$	67,140,968		$	58,785,685

Part of the Company’s inventories with carrying value of US$23,495,137 and US$23,824,651 as of September 30, 2011 and March 31, 2012, respectively, was pledged under floating charge for certain loan agreements (see Note 7).