PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 9— PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net, consists of the following:

	September 30, 2024			September 30, 2023
Buildings	$	12,082,715		$	11,621,665
Machinery, equipment and furniture		6,441,179			6,207,931
Motor Vehicles		218,541			210,201
Subtotal		18,742,435			18,039,797
Less: accumulated depreciation		(3,736,749	)		(2,557,967	)
Property, plant and equipment, net	$	15,005,686		$	15,481,830

Depreciation expense was $1,083,251, $945,507 and $210,916 for the fiscal years ended September 30, 2024, 2023 and 2022, respectively.

BON NATURAL LIFE LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS