SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Jun. 30, 2019

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of estimated useful lives of depreciation and amortization of the principal classes of assets

The estimated useful lives of depreciation and amortization of the principal classes of assets are as follows:

	Useful life
Land	Infinite
Property and buildings	15 years
Equipment and machinery	3-5 years
Office and electronic equipment	3-5 years
Automobiles	5 years
Leasehold improvements	Lesser of useful life and lease term

Schedule of currency exchange rates used in creating consolidated financial statements

The following table outlines the currency exchange rates that were used in creating the unaudited condensed consolidated financial statements in this report:

	June 30, 2019	March 31, 2019
Period-end spot rate	US$1=JOD 0.7090	US$1=JOD 0.7090
	US$1=HKD 7.8125	US$1=HKD 7.8500
Average rate	US$1=JOD 0.7090	US$1=JOD 0.7091
	US$1=HKD 7.8370	US$1=HKD7.8420