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Mincon Group (LSE:MCON) Construction In Progress : £0.0 Mil (As of Dec. 2023)


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What is Mincon Group Construction In Progress?


Mincon Group Construction In Progress Historical Data

The historical data trend for Mincon Group'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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Mincon Group Construction In Progress Chart

Mincon Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
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Mincon Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Mincon Group 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.


Mincon Group (LSE:MCON) Business Description

Traded in Other Exchanges
Address
Smithstown Industrial Estate, County Clare, Shannon, IRL
Mincon Group PLC is an Irish engineering company. The company is engaged in the designing, manufacturing, selling and servicing of rock drilling tools and associated products. It provides after sales support and service to customers through its network of sales and distribution companies in international markets. Most of the revenue is derived from the sale of drilling equipment and other products that are manufactured by its manufacturing sites. Geographically, it derives maximum revenue from Europe, Middle East, Africa and has a presence in Ireland, America, and Australasia.

Mincon Group (LSE:MCON) Headlines

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