v3.25.3
PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT, NET

 

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

 

   As of
June 30, 2025
   As of
June 30, 2024
 
Factory building  $3,541,594   $3,174,635 
Factory equipment   1,554,829    1,363,279 
Computer   3,856    3,457 
Office equipment   12,163    10,903 
Leasehold improvement   244,041    215,787 
Motor vehicle   18,825    16,875 
Total cost   5,375,308    4,784,936 
Accumulated depreciation   (1,276,097)   (771,730)
Carrying amount  $4,099,211   $4,013,206 

 

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).

 

Depreciation expense was $404,759 and $319,369 for the fiscal years ended June 30, 2025 and 2024, respectively.