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Genmin (ASX:GEN) Construction In Progress : A$0.00 Mil (As of Jun. 2023)


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What is Genmin Construction In Progress?

Genmin's quarterly construction in progress increased from Jun. 2022 (A$0.00 Mil) to Dec. 2022 (A$0.12 Mil) but then declined from Dec. 2022 (A$0.12 Mil) to Jun. 2023 (A$0.00 Mil).

Genmin's annual construction in progress declined from Dec. 2021 (A$0.15 Mil) to Dec. 2022 (A$0.12 Mil) but then increased from Dec. 2022 (A$0.12 Mil) to Dec. 2023 (A$0.19 Mil).


Genmin Construction In Progress Historical Data

The historical data trend for Genmin's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Genmin Construction In Progress Chart

Genmin Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Construction In Progress
- 0.15 0.12 0.19

Genmin Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial 0.15 - 0.12 - 0.19

Genmin Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Genmin (ASX:GEN) Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Suite 3, Level 8,, London House, Perth, WA, AUS, 6000
Genmin Ltd is an iron ore exploration and development company with a pipeline of projects in Gabon. The company has six exploration licenses in Gabon, covering three projects. Its project includes Baniaka; Bakoumba and Minvoul/Bitam. The company's operating segments include Gabon Exploration and Corporate.

Genmin (ASX:GEN) Headlines