Inventories

12 Months Ended

Jun. 30, 2025

Inventories [Abstract]

INVENTORIES

NOTE 4 – INVENTORIES

Inventories consisted of the following:

	June 30,		June 30,
	2025		2024
Raw materials	$	5,531,766	$	8,127,043
Supplies and packing materials	$	382,175	$	995,692
Work in progress	$	170,847	$	170,345
Finished goods	$	30,890,499	$	28,533,376
Total	$	36,975,287	$	37,826,456

During the year ended June 30, 2025, the Company sold compound fertilizers (finished goods) to certain parties at market price and purchased equivalent amount of simple fertilizers (raw material) from the same parties also at market price. The simple fertilizers purchased, along with other materials were used in the Company’s production facility to manufacture compound fertilizers. While nonmonetary, the sales and purchase transactions were consummated independently under separate agreements at different times and measured at the prevailing market value. The total amount of nonmonetary sales and purchases amounted to $30,124,309 during the year ended June 30, 2025. No gain or loss incurred as a result of the nonmonetary transactions.

For the fiscal year ended June 30, 2025, total inventories decreased $851,169, or 2.3%, to $36,975,287 from $37,826,456 for the fiscal year ended June 30, 2024.