Grindrod (JSE:GND) Construction In Progress : R77 Mil (As of Dec. 2024)

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What is Grindrod Construction In Progress?

Grindrod's quarterly construction in progress declined from Dec. 2023 (R104 Mil) to Jun. 2024 (R0 Mil) but then increased from Jun. 2024 (R0 Mil) to Dec. 2024 (R77 Mil).

Grindrod's annual construction in progress increased from Dec. 2022 (R66 Mil) to Dec. 2023 (R104 Mil) but then declined from Dec. 2023 (R104 Mil) to Dec. 2024 (R77 Mil).

Grindrod Construction In Progress Historical Data

The historical data trend for Grindrod'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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Grindrod Construction In Progress Chart

Grindrod Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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25.91

39.50

66.41

103.53

77.34

Grindrod Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Construction In Progress	Get a 7-Day Free Trial															66.41	-	103.53	-	77.34

Grindrod 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.

Grindrod Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Ltd (JSE:GND) » Definitions » Construction In Progress

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Traded in Other Exchanges

GNDP.PFD:South Africa GRDLY:USA

Address

106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001

Website

https://www.grindrod.com

Grindrod Ltd is a logistics company. Its solutions include terminal operations, port management, and logistics solutions, including rail logistics, container logistics, intermodal solutions, warehouse management, road transportation, maritime transport, ships agency, clearing and forwarding, customs management, and project logistics. Its operations consist of Ports and Terminals which provide dry-bulk commodities handling services along key trade corridors in South Africa, Mozambique, and Namibia. The Logistics segment operates a ships agency, clearing and forwarding, and rail services as well as container handling landside operations.

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