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OPERATING SEGMENTS (Tables)

3 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

SUMMARY OF IDENTIFIABLE ASSETS

The following table presents a summary of identifiable assets as of September 30, 2021 and June 30, 2021:

SUMMARY OF IDENTIFIABLE ASSETS

		As of				As of
		September 30, 2021				June 30, 2021
Identifiable assets:
Corporate headquarters		$	2,089,513			$	2,067,474
North America			5,890,236				6,073,616
Europe			10,294,197				10,363,611
Asia - Pacific			62,614,718				68,101,560
Consolidated		$	80,888,664			$	86,606,261

SUMMARY OF INVESTMENT UNDER EQUITY METHOD

The following table presents a summary of investment under equity method as of September 30, 2021 and June 30, 2021:

SUMMARY OF INVESTMENT UNDER EQUITY METHOD

		As of				As of
		September 30, 2021				June 30, 2021
Investment in associates under equity method:
Corporate headquarters		$	367,512			$	396,403
Asia - Pacific			2,627,592				2,759,449
Consolidated		$	2,995,104			$	3,155,852

SUMMARY OF OPERATING INFORMATION

The following table presents a summary of operating information for the three months ended September 30:

SUMMARY OF OPERATING INFORMATION

		For the Three Months
		Ended September 30,
		2021				2020
Revenues from unaffiliated customers:
North America		$	930,234			$	812,878
Europe			3,272,899				3,151,891
Asia - Pacific			9,217,628				8,682,609
			13,420,761				12,647,378
Revenue from affiliated customers
Asia - Pacific			-				-
			-				-
Consolidated		$	13,420,761			$	12,647,378
Intercompany revenue
Europe		$	127,198			$	139,156
Asia - Pacific			2,560,100				2,158,628
Eliminated		$	2,687,298			$	2,297,784
Net income (loss) after taxes and before non-controlling interest:
Corporate headquarters		$	128,544			$	1,167,795
North America			(68,093	)			(281,797	)
Europe			191,443				603,016
Asia - Pacific			298,601				(365,537	)
Consolidated		$	550,495			$	1,123,477
Depreciation and amortization:
North America		$	566			$	1,954
Europe			98,848				108,008
Asia - Pacific			880,592				819,077
Consolidated		$	980,006			$	929,039
Interest expense:
Corporate headquarters		$	10,441			$	6,034
North America			-				1,209
Europe			3,796				2,066
Asia - Pacific			86,776				94,018
Consolidated		$	101,013			$	103,327
Income tax expense:
Corporate headquarters		$	800			$	-
North America			1,600				-
Europe			-				111,678
Asia - Pacific			165,227				152,616
Consolidated		$	167,627			$	264,294

SUMMARY OF CAPITAL EXPENDITURES

The following table presents a summary of capital expenditures for the three months ended September 30:

 SUMMARY OF CAPITAL EXPENDITURES

		For the Three Months
		Ended September 30,
		2021				2020
Capital expenditures:
North America		$	-			$	1,521
Europe			54,380				57,429
Asia - Pacific			161,732				430,339
Consolidated		$	216,112			$	489,289

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