v3.26.1
Finance Lease Liabilities
6 Months Ended
Dec. 31, 2025
Finance Lease Liabilities [Abstract]  
Finance lease liabilities

Note 8. Finance lease liabilities

 

In August 2022, July 2025 and December 2025, the Company acquired motor vehicles pursuant to a hire purchase financing arrangement. Future minimum lease payments under finance lease that have initial non-cancelable lease terms as of December 31, 2025 were as follows:

 

    As of
December 31,
2025
 
Within 1 year   $ 64,505  
1-2 year     40,972  
2-3 year     19,237  
Over 3 years     7,911  
Total finance lease payments   $ 132,625  
Less: imputed interest     (12,315 )
Total finance lease obligation   $ 120,310  
Less: current portion of finance lease liabilities     (57,314 )
Non-current portion of finance lease liabilities   $ 62,996  

 

For the six months ended December 31, 2025, 2024 and 2023, interest expense of $4,175, $1,406 and $1,929 were recorded as finance costs, respectively.