v3.26.1
Property, plant, and equipment, net
 12 Months Ended
Sep. 30, 2025
Property, plant, and equipment, net  
Property, plant, and equipment, net

Note 11 – Property and equipment, net

 

Property and equipment, stated at cost less accumulated depreciation, consisted of the following:

 

 

 

As of

 

 

As of

 

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

Machinery and equipment

 

$2,322,963

 

 

$2,356,528

 

Property and buildings

 

 

62,048

 

 

 

740,140

 

Vehicles

 

 

24,986

 

 

 

25,347

 

Subtotal

 

 

2,409,997

 

 

 

3,122,015

 

Less: accumulated depreciation

 

 

(1,530,751)

 

 

(1,109,060)

Property and equipment, net

 

$879,246

 

 

$2,012,955

 

 

Depreciation expenses were $483,979, $1,389,926, and $1,564,673 for the fiscal years ended September 30, 2025, 2024, and 2023, respectively.