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Tasmea (ASX:TEA) Construction In Progress : A$3.0 Mil (As of Jun. 2024)


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What is Tasmea Construction In Progress?

Tasmea's quarterly construction in progress stayed the same from Jun. 2023 (A$0.0 Mil) to Dec. 2023 (A$0.0 Mil) but then increased from Dec. 2023 (A$0.0 Mil) to Jun. 2024 (A$3.0 Mil).

Tasmea's annual construction in progress stayed the same from Jun. 2022 (A$0.0 Mil) to Jun. 2023 (A$0.0 Mil) but then increased from Jun. 2023 (A$0.0 Mil) to Jun. 2024 (A$3.0 Mil).


Tasmea Construction In Progress Historical Data

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

Tasmea Annual Data
Trend Jun22 Jun23 Jun24
Construction In Progress
- - 3.03

Tasmea Semi-Annual Data
Jun22 Jun23 Dec23 Jun24
Construction In Progress - - - 3.03

Tasmea 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.


Tasmea Business Description

Industry
Traded in Other Exchanges
N/A
Address
75 Verde Drive, Jandakot, WA, AUS, 6164
Tasmea Ltd is a skilled services group consisting of seventeen wholly integrated subsidiaries. The company provides essential maintenance, engineering, specialized project services and solutions across the following four service streams to the mining & resources, oil & gas, waste & water, power & renewable energy, and defense & infrastructure industries. Its segment includes Electrical services, Mechanical services, Civil services and Water & fluid services. The company derives maximum revenue from Mechanical services.

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