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Segment Reporting
12 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting

(16) Segment Reporting

 

ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of different products or services. Based on management’s assessment, the Company determined it has only one operating segment.

 

The following table presents revenue by major merchandise or services categories for the years ended June 30, 2025, 2024 and 2023, respectively:

 

   2025   2024   2023 
   $   $   $ 
Packaging products   15,746,534    22,348,633    23,065,859 
Corrugated products   5,173,576    11,833,698    16,977,098 
Packaging products supply chain management solutions   4,414,039    4,348,442    5,555,663 
    25,334,149    38,530,773    45,598,620 

In the following table, the Company additionally provided the revenue in term of geographical locations of customers.

 

   Year Ended June 30, 2025 
   Packaging
products
   Corrugated
products
   Packaging
products
supply chain
management
solutions
   Total 
   $   $   $   $ 
Geographical location:                
Mainland China   12,333,276    3,087,022    678    15,420,976 
Hong Kong SAR   1,533,705    241,470    1,624,717    3,399,892 
Vietnam   842,890    192,948    305,467    1,341,305 
Other Southeast Asian countries*   403,617    478,117    1,386,043    2,267,777 
Australia   219,659    921,896    
-
    1,141,555 
United States of America   57,456    150,004    1,097,134    1,304,594 
Other countries   355,931    102,119    
-
    458,050 
    15,746,534    5,173,576    4,414,039    25,334,149 

 

   Year Ended June 30, 2024 
   Packaging products   Corrugated products   Packaging
products
supply chain
management
solutions
   Total 
   $   $   $   $ 
Geographical location:                
Mainland China   19,316,785    9,284,023    61,829    28,662,637 
Hong Kong SAR   1,110,428    880,875    1,392,561    3,383,864 
Vietnam   935,670    266    431,149    1,367,085 
Other Southeast Asian countries*   445,218    205,496    1,390,853    2,041,567 
Australia   4,543    948,618    
-
    953,161 
United States of America   45,701    446,467    1,068,613    1,560,781 
Other countries   490,288    67,953    3,437    561,678 
    22,348,633    11,833,698    4,348,442    38,530,773 

 

   Year Ended June 30, 2023 
   Packaging
products
   Corrugated
products
   Packaging
products
supply chain
management
solutions
   Total 
   $   $   $   $ 
Geographical location:                
Mainland China   19,677,726    13,481,344    107,244    33,266,314 
Hong Kong SAR   797,390    1,327,396    1,160,720    3,285,506 
Vietnam   1,802,700    5,322    1,322,317    3,130,339 
Other Southeast Asian countries*   516,753    861,594    1,986,331    3,364,678 
Australia   812    1,167,379    
-
    1,168,191 
United States of America   12,214    47,688    788,887    848,789 
Other countries   258,264    86,375    190,164    534,803 
    23,065,859    16,977,098    5,555,663    45,598,620 

 

*Other Southeast Asian countries include Singapore, Indonesia, Malaysia, Philippines and Myanmar.