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Union Coop (DFM:UNIONCOOP) Construction In Progress : د.إ136 Mil (As of Dec. 2023)


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What is Union Coop Construction In Progress?

Union Coop's quarterly construction in progress declined from Dec. 2022 (د.إ302 Mil) to Jun. 2023 (د.إ217 Mil) and declined from Jun. 2023 (د.إ217 Mil) to Dec. 2023 (د.إ136 Mil).

Union Coop's annual construction in progress increased from Dec. 2021 (د.إ214 Mil) to Dec. 2022 (د.إ302 Mil) but then declined from Dec. 2022 (د.إ302 Mil) to Dec. 2023 (د.إ136 Mil).

Union Coop Construction In Progress Historical Data

The historical data trend for Union Coop'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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Union Coop Construction In Progress Chart

Union Coop Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Construction In Progress
- 214.40 301.77 135.63

Union Coop Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial 214.40 - 301.77 216.67 135.63

Union Coop 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.

Union Coop (DFM:UNIONCOOP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
The Tripoli Street, Al Warqa - 3, Dubai, ARE
Website
https://corporate.unioncoop.ae/ar/
Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

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