v3.26.1
Property, Plant and Equipment, Net
 6 Months Ended
Dec. 31, 2025
Property, Plant and Equipment, Net [Abstract]  
Property, plant and equipment, net

Note 5. Property, plant and equipment, net

 

At December 31, 2025 and June 30, 2025, property, plant and equipment consisted of the following:

 

    As of  
   

December 31,

2025

    

June 30,

2025

  
Motor vehicles     232,897       204,587  
Furniture and fixtures     17,499       17,345  
Computer equipment     22,867       22,665  
Leasehold improvements     43,090       42,710  
      316,353       287,307  
Accumulated depreciation     (163,654 )     (217,623 )
Property, plant and equipment, net of accumulated depreciation   $ 152,699     $ 69,684  

 

* A motor vehicle with a net carrying amount of $142,077 and $53,365 are held under a finance lease arrangement as of December 31, 2025 and June 30, 2025, respectively (Note 8). During the six months ended December 31, 2025, 2024 and 2023, the Company recorded motor vehicles obtained in exchange for finance lease liabilities of $107,445, nil and nil, respectively.

 

During the six months ended December 31, 2025, 2024 and 2023, the Company recorded additions to different categories of property, plant and equipment in aggregate costs of nil, nil and $3,708, respectively. Apart from the additions, during the six months ended December 31, 2025, 2024 and 2023, the Company disposed of different categories of property, plant and equipment in aggregate costs of $81,019, nil and $9,420, respectively.

 

For the six months ended December 31, 2025, 2024 and 2023, depreciation expense, including the depreciation expense of fixed assets under finance leases, was $25,247, $23,468 and $24,064, respectively.