Aboitiz Power (Aboitiz Power) Construction In Progress : $0 Mil (As of Mar. 2024)

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What is Aboitiz Power Construction In Progress?

Aboitiz Power's quarterly construction in progress increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($363 Mil) but then declined from Dec. 2023 ($363 Mil) to Mar. 2024 ($0 Mil).

Aboitiz Power's annual construction in progress increased from Dec. 2021 ($149 Mil) to Dec. 2022 ($239 Mil) and increased from Dec. 2022 ($239 Mil) to Dec. 2023 ($363 Mil).

Aboitiz Power Construction In Progress Historical Data

The historical data trend for Aboitiz Power'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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Aboitiz Power Construction In Progress Chart

Aboitiz Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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108.44

93.89

148.81

239.25

363.00

Aboitiz Power Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	363.00	-

Aboitiz Power 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.

Aboitiz Power (Aboitiz Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Aboitiz Power Corp (OTCPK:ABZPF) » Definitions » Construction In Progress

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AP:Philippines

Address

NAC Tower, 32nd Street, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634

Website

https://www.aboitizpower.com

Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. most of Aboitiz Power's energy production comes from its non-renewable facilities. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of Aboitiz Power's income is derived from its power generation business, while a sizable portion also comes from its distribution segment. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.