v3.25.1
PROPERTY, PLANT AND EQUIPMENT, NET
 9 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

4. PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment, net consisted of the following as of March 31, 2025 and June 30, 2024:

 

  

March 31,

2025

 

June 30,

2024

       
Factory building  $3,377,069   $3,174,635 
Factory equipment   1,481,347    1,363,279 
Computer and Software   3,677    3,457 
Office equipment   12,532    10,903 
Leasehold improvement   228,613    215,787 
Motor vehicle   17,951    16,875 
Total cost   5,121,189    4,784,936 
Accumulated depreciation   (1,116,697)   (771,730)
Net book value  $4,004,492   $4,013,206 

 

Amortization expense was $17,233 and $13,435 for the nine months ended March 31, 2025 and 2024, respectively.

 

Depreciation expense was $289,361 and $212,135 for the nine months ended March 31, 2025 and 2024, respectively.

 

As of March 31, 2025, the factory buildings related to costs of No. 3 factory building (purchased in March 2023) and No. 5 factory building. In January 2024, the Company acquired a factory building (“Factory No. 5”) from an unrelated third-party that it had formerly leased, for MYR 8,075,275.40 (approximately US$1,696,467), and funded by a bank loan payable (see Note 7).