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PROPERTY PLANT AND EQUIPMENT
3 Months Ended
Mar. 31, 2025
PROPERTY PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

NOTE 6 - PROPERTY, PLANT AND EQUIPMENT 

 

Property, plant and equipment consisted of the following: 

 

 

 

As of

 

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Air conditioner

 

$1,124

 

 

$1,124

 

Computer and software

 

 

5,880

 

 

 

5,880

 

Equipment

 

 

65,214

 

 

 

65,214

 

Furniture and fittings

 

 

98,883

 

 

 

98,883

 

Lab equipment

 

 

320,102

 

 

 

320,102

 

Land and buildings

 

 

1,506,969

 

 

 

1,506,969

 

Motor vehicle

 

 

161,148

 

 

 

161,148

 

Office equipment

 

 

40,812

 

 

 

37,604

 

Renovation

 

 

106,441

 

 

 

101,137

 

Signboard

 

 

806

 

 

 

806

 

Solar PV System

 

 

16,935

 

 

 

16,935

 

Machinery

 

 

190,880

 

 

 

190,341

 

 

 

 

2,515,194

 

 

 

2,506,143

 

(Less): Accumulated depreciation

 

 

(783,618)

 

 

(756,976)

(Less): Accumulated impairment

 

 

(40,173)

 

 

(40,173)

Add: Foreign translation differences

 

 

(171,124)

 

 

(186,004)

Property, plant and equipment, net

 

$1,520,279

 

 

$1,522,990

 

 

During the periods ended March 31, 2025 and 2024, the Company recorded depreciation of $26,642 and $20,138, respectively.