Verde Resources (Verde Resources) Construction In Progress : $0.08 Mil (As of Dec. 2023)

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What is Verde Resources Construction In Progress?

Verde Resources's quarterly construction in progress stayed the same from Jun. 2023 ($0.08 Mil) to Sep. 2023 ($0.08 Mil) and stayed the same from Sep. 2023 ($0.08 Mil) to Dec. 2023 ($0.08 Mil).

Verde Resources's annual construction in progress increased from Jun. 2021 ($0.80 Mil) to Jun. 2022 ($5.32 Mil) but then declined from Jun. 2022 ($5.32 Mil) to Jun. 2023 ($0.08 Mil).

Verde Resources Construction In Progress Historical Data

The historical data trend for Verde Resources'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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Verde Resources Construction In Progress Chart

Verde Resources Annual Data

Trend

Jun14

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Jun20

Jun21

Jun22

Jun23

Construction In Progress

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0.80

5.32

0.08

Verde Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															5.08	0.08	0.08	0.08	0.08

Verde Resources 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.

Verde Resources (Verde Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Verde Resources Inc (OTCPK:VRDR) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Cityplace Drive, Suite 200, St. Louis, MO, USA, 63141

Website

https://www.verderesources.com

Verde Resources Inc operates is a US-based company. The Company currently is engaged in the production and distribution of renewable commodities, distribution of THC-free cannabinoid (CBD) products, and real property holding. The company has four operating segments, Distribution of THC-free cannabinoid (CBD) products; Production and distribution of renewable commodities; Holding of real property; and Licensor of proprietary pyrolysis technology.

Executives

Oil Berhad Borneo	10 percent owner	1ST AND 2ND FLOOR, VICTORIA POINT,, JALAN OKK AWANG BESAR, W. P. LABUAN N8 87007
Borneo Oil & Gas Corp Sdn Bhd	10 percent owner	17TH FLOOR, MENARA HAP SENG, NO. 1 & 3, JALAN P. RAMLEE, KUALA LUMPUR N8 50250
Ming Ding Wu	director, 10 percent owner, officer: President	UNIT 1503, 15/F, THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
All Fine Holdings Ltd	10 percent owner	UNIT 1503, 15/F., THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
Michael Stiege	director, 10 percent owner	905 VENTURE WAY, MILL VALLEY CA 94941
Stephen Spalding	director, 10 percent owner, officer: Pres., CEO, Tres., Sec.	905 VENTURE WAY, MILL VALLEY CA 94941
Kukulcan Diversified Corp.	10 percent owner	PO BOX 1405, LOS ALTOS CA 94023