Property, Plant and Equipment

12 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following for the continuing entities:

	June 30,			June 30,
	2024			2023
Building and improvements	$	36,999,854		$	37,065,464
Auto		2,711,245			2,716,931
Machinery and equipment		18,713,182			18,608,254
Others		1,502,600			-
Total property, plant and equipment		59,926,881			58,390,649
Less: accumulated depreciation		(44,087,598	)		(41,700,404	)
Less: Impairment		(1,817,991	)		-
Total	$	14,021,292		$	16,690,245

For the fiscal year ended June 30, 2024, total depreciation expense for the continuing entities was $2,387,194, increased $215,097, or 9.9%, from $2,172,096 for the fiscal year ended June 30, 2023.