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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

7. PROPERTY, PLANT AND EQUIPMENT

 

   2023   2024 
   As of September 30, 
   2023   2024 
   US$   US$ 
Leasehold improvement   801,158    801,158 
Plant and machinery   5,115    5,115 
Office equipment   179,144    179,144 
Furniture & fixtures   94,083    94,083 
Motor vehicle   273,242    273,242 
           
Property, plant and equipment   1,352,742    1,352,742 
Less: accumulated depreciation and amortization   (1,140,317)   (1,319,420)
           
Property, plant and equipment, net   212,425    33,322 

 

It was included the original cost and accumulated depreciation of fully-depreciated office equipment, furniture & fixtures and motor vehicle of US$289,274 in total which were in used as of September 30, 2024.

 

Depreciation expenses recognized for the year ended September 30, 2022, 2023 and 2024 were US$201,080, US$187,259 and US$179,103 respectively.