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Property, Plants and Equipment
12 Months Ended
Jun. 30, 2023
Property, Plants and Equipment [Abstract]  
PROPERTY, PLANTS AND EQUIPMENT

NOTE 7 - PROPERTY, PLANTS AND EQUIPMENT

 

Property, plants and equipment consisted of the following:

 

  

June 30,
2023

  

June 30,
2022

 
Building, Warehouses and Improvements  $3,768,300   $3,946,492 
Machinery and Equipment   1,693,740    1,832,446 
Office Equipment   72,382    78,360 
Vehicles   75,117    217,808 
Others   889,225    962,667 
Less Accumulated Depreciation   (3,771,594)   (3,879,752)
Total  $2,727,170   $3,158,021 

 

Depreciation expense was $332,057 and $344,919 for the years ended June 30, 2023 and 2022, respectively. Depreciation expense charged to operations was $202,889 and $344,919 for the years ended June 30, 2023 and 2022, respectively. Depreciation expense charged to cost of goods sold was $nil and $nil for the years ended June 30, 2023 and 2022, respectively.