Meghna Petroleum (DHA:MPETROLEUM) Construction In Progress : BDT298 Mil (As of Dec. 2023)

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What is Meghna Petroleum Construction In Progress?

Meghna Petroleum's quarterly construction in progress increased from Jun. 2023 (BDT266 Mil) to Sep. 2023 (BDT280 Mil) and increased from Sep. 2023 (BDT280 Mil) to Dec. 2023 (BDT298 Mil).

Meghna Petroleum's annual construction in progress increased from Jun. 2021 (BDT176 Mil) to Jun. 2022 (BDT197 Mil) and increased from Jun. 2022 (BDT197 Mil) to Jun. 2023 (BDT266 Mil).

Meghna Petroleum Construction In Progress Historical Data

The historical data trend for Meghna Petroleum'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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Meghna Petroleum Construction In Progress Chart

Meghna Petroleum Annual Data

Trend

Jun14

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Jun19

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Jun21

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Jun23

Construction In Progress

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131.80

197.33

175.76

197.08

266.46

Meghna Petroleum 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															232.92	214.22	266.46	280.46	298.15

Meghna Petroleum 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.

Meghna Petroleum (DHA:MPETROLEUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Meghna Petroleum Ltd (DHA:MPETROLEUM) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

58-59 Agrabad Commercial Area, Chittagong, BGD, 4100

Website

https://www.mpl.gov.bd

Meghna Petroleum Ltd is engaged in the business of petroleum oil and its related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments- petroleum products and lubricants oil and grease.

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