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Borouge (ADX:BOROUGE) Construction In Progress : د.إ748 Mil (As of Mar. 2024)


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What is Borouge Construction In Progress?

Borouge's quarterly construction in progress declined from Sep. 2023 (د.إ780 Mil) to Dec. 2023 (د.إ763 Mil) and declined from Dec. 2023 (د.إ763 Mil) to Mar. 2024 (د.إ748 Mil).

Borouge's annual construction in progress increased from Dec. 2021 (د.إ0 Mil) to Dec. 2022 (د.إ1,183 Mil) but then declined from Dec. 2022 (د.إ1,183 Mil) to Dec. 2023 (د.إ763 Mil).

Borouge Construction In Progress Historical Data

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

Borouge Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
- 1,183.43 763.41

Borouge Quarterly Data
Mar21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only 1,398.15 807.31 779.69 763.41 747.91

Borouge 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.

Borouge (ADX:BOROUGE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Borouge Plc (ADX:BOROUGE) » Definitions » Construction In Progress
Comparable Companies
SZSE:300539 SZSE:301040 SZSE:301022 SHSE:600058 SZSE:301180 SZSE:002295 SZSE:300885 SZSE:300968 SZSE:301326 SHSE:603159 LIN XPAR:AI APD SHW ECL XSWX:SIKA SHSE:600309 BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE
Website
https://www.borouge.com
Borouge Plc petrochemical company that provides innovative solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare.

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