PROPERTY PLANT AND EQUIPMENT

6 Months Ended

Jun. 30, 2024

PROPERTY PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

NOTE 6 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	As of
	June 30,			December 31,
	2024			2023
Air conditioner	$	1,124		$	1,124
Computer and software		5,880			3,923
Equipment		63,037			60,412
Furniture and fittings		98,883			100,118
Lab equipment		320,102			320,102
Land and buildings		1,506,969			1,506,969
Motor vehicle		161,148			161,148
Office equipment		35,547			33,914
Renovation		96,000			98,597
Signboard		806			806
Solar PV System		16,935			-
Capital Work In Progress		-			109,509
		2,306,431			2,396,622
Less: Accumulated depreciation		(694,979	)		(659,115	)
Add: Foreign translation differences		(263,852	)		(225,889	)
Property, plant and equipment, net	$	1,347,600		$	1,511,618

Depreciation expense for the six months’ period ended June 30, 2024 and 2023 were $40,343 and $41,587 respectively.