| SCHEDULE OF OPERATING SEGMENT INFORMATION |
The
tables below summarize the Company’s segment operating results for the six months ended March 31, 2026 and 2025:
SCHEDULE OF OPERATING SEGMENT INFORMATION
| | |
| | |
| | |
| | |
| | |
| |
| | |
Six Months Ended March 31, 2026 | |
| | |
Clean-energy
equipment | | |
Digitalization
and integration
equipment | | |
New energy
production
and operation | | |
Oil and gas
engineering
technical
services | | |
Total | |
| | |
(Unaudited) | | |
(Unaudited) | | |
(Unaudited) | | |
(Unaudited) | | |
(Unaudited) | |
| Revenues | |
$ | 10,412,332 | | |
$ | 2,226,141 | | |
$ | 6,454,584 | | |
$ | 1,885,371 | | |
$ | 20,978,428 | |
| Cost of revenues | |
| 6,842,781 | | |
| 2,064,862 | | |
| 6,276,614 | | |
| 569,343 | | |
| 15,753,600 | |
| Gross profit | |
$ | 3,569,551 | | |
$ | 161,279 | | |
$ | 177,970 | | |
$ | 1,316,028 | | |
$ | 5,224,828 | |
| | |
| | |
| | |
| | |
| | |
| |
| | |
Six Months Ended March 31, 2025 | |
| | |
Clean-energy
equipment | | |
Digitalization
and integration
equipment | | |
New energy
production
and operation | | |
Oil and gas
engineering
technical
services | | |
Total | |
| | |
(Unaudited) | | |
(Unaudited) | | |
(Unaudited) | | |
(Unaudited) | | |
(Unaudited) | |
| Revenues | |
$ | 13,196,043 | | |
$ | 2,629,399 | | |
$ | 10,337,148 | | |
$ | 2,032,694 | | |
$ | 28,195,284 | |
| Cost of revenues | |
| 10,528,452 | | |
| 2,032,358 | | |
| 10,178,056 | | |
| 517,387 | | |
| 23,256,253 | |
| Gross profit | |
$ | 2,667,591 | | |
$ | 597,041 | | |
$ | 159,092 | | |
$ | 1,515,307 | | |
$ | 4,939,031 | |
Reconciliation
of Segment Profit (Gross Profit) to Consolidated Income Before Income Taxes
| | |
2026 | | |
2025 | |
| | |
Six Months Ended March 31, | |
| | |
2026 | | |
2025 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Total segment profit (gross profit) | |
$ | 5,224,828 | | |
$ | 4,939,031 | |
| Corporate expenses: | |
| | | |
| | |
| Selling and marketing expenses | |
| (1,535,890 | ) | |
| (635,306 | ) |
| General and administrative expenses | |
| (2,133,900 | ) | |
| (3,045,282 | ) |
| Provision for expected credit losses | |
| (2,145,919 | ) | |
| (3,317,683 | ) |
| Research and development expenses | |
| (97,448 | ) | |
| (163,008 | ) |
| Total operating expenses | |
| (5,913,157 | ) | |
| (7,161,279 | ) |
| Loss from operations | |
| (688,329 | ) | |
| (2,222,248 | ) |
| Other (expense) income, net | |
| (1,265,584 | ) | |
| 1,268,228 | |
Reconciliation
of Segments’ assets to the Consolidated assets.
| | |
March 31, 2026 | | |
September 30, 2025 | |
| | |
(Unaudited) | | |
| |
| Clean-energy equipment | |
$ | 54,895,295 | | |
$ | 44,096,905 | |
| Digitalization and integration equipment | |
| 9,201,480 | | |
| 7,904,522 | |
| New energy production and operation | |
| 2,142,356 | | |
| 1,658,836 | |
| Oil and gas engineering technical services | |
| 37,180,355 | | |
| 23,558,598 | |
| Other corporate assets | |
| 31,641,977 | | |
| 46,535,830 | |
| Total assets | |
$ | 135,061,463 | | |
$ | 123,754,691 | |
| | |
March 31, 2026 | | |
September 30, 2025 | |
| | |
(Unaudited) | | |
| |
| Total assets related to reportable segments | |
$ | 103,419,486 | | |
$ | 77,218,861 | |
| Other corporate assets | |
| 31,641,977 | | |
| 46,535,830 | |
| Elimination of intercompany balances | |
| (64,802,908 | ) | |
| (54,422,059 | ) |
| Total consolidated assets | |
$ | 70,258,555 | | |
$ | 69,332,632 | |
|