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Inventories

6 Months Ended

Jun. 30, 2013

Inventories

	June 30,		December 31,
	2013		2012
	(Unaudited)
	$		$

Raw materials		4,335,290		4,237,094
Work in progress		2,340,783		2,678,471
Finished goods		11,829,480		9,647,671
Packing materials		18,637		12,727
Consumables		273,231		143,844

		18,797,421		16,719,807

Where there is evidence that the utility of inventories, in their disposal in the ordinary course of business, will be less than cost, whether due to physical deterioration, obsolescence, changes in price levels, or other causes, the inventories are written down to fair value for the difference with charges to cost of sales. $78,396 and $462,263 was written down for inventories in the six months ended June 30, 2013 and 2012, respectively.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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