Property, Plant and Equipment

9 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	March 31,			June 30,
	2024			2023
Building and improvements	$	37,538,033		$	37,065,465
Auto		2,750,682			2,716,931
Machinery and equipment		18,958,963			18,608,254
Others		1,502,600			-
Total property, plant and equipment		60,750,278			58,390,650
Less: accumulated depreciation		(44,087,143	)		(41,700,404	)
Total	$	16,663,135		$	16,690,246

For the nine months ended March 31, 2024, total depreciation expense was $1,872,498, increased $233,364, or 14.2%, from $1,639,134 for the nine months ended March 31, 2023.