| PROPERTY AND EQUIPMENT, NET |
NOTE 10 - PROPERTY AND EQUIPMENT, NET
Property and equipment, at cost less accumulated depreciation, consisted
of the following:
SCHEDULE
OF PROPERTY, PLANT, AND EQUIPMENT
| | |
2025 | | |
2024 | |
| | |
As of September 30, | |
| | |
2025 | | |
2024 | |
| Machinery and equipment | |
$ | 4,285,476 | | |
$ | 4,877,172 | |
| Office equipment | |
| 130,941 | | |
| 133,039 | |
| Vehicles | |
| 541,512 | | |
| 527,121 | |
| Subtotal | |
| 4,957,929 | | |
| 5,537,332 | |
| Property and equipment, gross | |
| 4,957,929 | | |
| 5,537,332 | |
| Less: accumulated depreciation | |
| (1,492,976 | ) | |
| (1,425,413 | ) |
| Property and equipment, net | |
$ | 3,464,953 | | |
$ | 4,111,919 | |
The movement of machinery and equipment was presented in the following
table:
SCHEDULE
MOVEMENT OF MACHINERY AND EQUIPMENT
| | |
2025 | | |
2024 | |
| Balance at the beginning of the year | |
$ | 4,877,172 | | |
$ | 4,038,431 | |
| Purchases | |
| 83,704 | | |
| 794,262 | |
| Equipment transferred from inventories | |
| 448,686 | | |
| - | |
| Disposals | |
| (1,056,751 | ) | |
| (54,876 | ) |
| Exchange differences | |
| (67,335 | ) | |
| 99,355 | |
| Balance at the end of the year | |
$ | 4,285,476 | | |
$ | 4,877,172 | |
For the years ended September 30, 2025, 2024 and 2023, depreciation
was $461,918, $502,670 and $413,463, respectively.
|