Summit Ascent Holdings (HKSE:00102) Inventories, Work In Process : HK$0.0 Mil (As of Jun. 2023)

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What is Summit Ascent Holdings Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Summit Ascent Holdings's work in process for the quarter that ended in Jun. 2023 was HK$0.0 Mil.

Summit Ascent Holdings Inventories, Work In Process Historical Data

The historical data trend for Summit Ascent Holdings's Inventories, Work In Process 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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Summit Ascent Holdings Inventories, Work In Process Chart

Summit Ascent Holdings Annual Data

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Inventories, Work In Process

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Summit Ascent Holdings Semi-Annual Data
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Summit Ascent Holdings Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Summit Ascent Holdings (HKSE:00102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Summit Ascent Holdings Ltd (HKSE:00102) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

ION2:Germany

Address

200 Connaught Road Central, Unit 1704,17th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.saholdings.com.hk

Summit Ascent Holdings Ltd is a Hong Kong-based investment holding company. The company's principal activities are converted to gaming and hotel operations following the divestiture of its business of trading of tiles and engineering operations products. The company's gaming and hotel operations are carried out through its equity holding in Oriental Regent, another investing holding company that owns equity interests in G1 Entertainment, while G1 Entertainment is a company that holds gaming licenses in certain regions of Russia.

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