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Property, Plant and Equipment, Net
12 Months Ended
Jun. 30, 2024
Property, Plant and Equipment, Net [Abstract]  
Property, plant and equipment, net

(7) Property, plant and equipment, net

 

As of June 30, 2024, and 2023, property, plant and equipment, net consisted of the following:

 

    As of June 30,  
   2024   2023 
   $   $ 
Buildings   7,185,353    7,159,632 
Leasehold improvements   3,253,163    3,277,579 
Plant and machinery   13,533,299    15,780,713 
Motor vehicles   390,841    528,093 
Office equipment   1,813,396    1,800,073 
Totals   26,176,052    28,546,090 
Less: accumulated depreciation   (18,383,217)   (19,518,475)
Property, plant and equipment, net   7,792,835    9,027,615 

 

Depreciation was US$1,206,371, US$1,556,069 and US$1,792,022 for the years ended June 30, 2024, 2023 and 2022, respectively. No impairment loss was recorded for the years ended June 30, 2024, 2023 and 2022.