Plant and Equipment

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Plant and Equipment

8. Plant and Equipment

Plant and equipment consisted of the following as of June 30, 2022 and December 31, 2021:  

	06/30/2022			12/31/2021
At Cost:
Buildings	$	24,370,444		$	17,550,376
Machinery and equipment		12,822,665			11,681,716
Office equipment		915,209			542,695
Motor vehicles		1,653,148			1,740,191
		39,761,466			31,514,978
Less: Impairment		(787,844	)		(829,326	)
Less: Accumulated depreciation		(10,845,877	)		(10,200,203	)
		28,127,745			20,485,449
Construction in progress		27,065			2,475,874
	$	28,154,810		$	22,961,323

Depreciation expense for the six months ended June 30, 2022 and 2021 was $668,368 and $953,660, respectively.