Union Coop (DFM:UNIONCOOP) Construction In Progress : د.إ59.0 Mil (As of Dec. 2024)

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What is Union Coop Construction In Progress?

Union Coop's quarterly construction in progress increased from Jun. 2024 (د.إ64.9 Mil) to Sep. 2024 (د.إ66.8 Mil) but then declined from Sep. 2024 (د.إ66.8 Mil) to Dec. 2024 (د.إ59.0 Mil).

Union Coop's annual construction in progress declined from Dec. 2022 (د.إ301.8 Mil) to Dec. 2023 (د.إ135.6 Mil) and declined from Dec. 2023 (د.إ135.6 Mil) to Dec. 2024 (د.إ59.0 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

Dec24

Construction In Progress

214.40

301.77

135.63

59.04

Union Coop Quarterly Data
	Dec20	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial				-	135.63	64.86	66.84	59.04

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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Tripoli Street, Al Warqa - 3, Dubai, ARE

Website

https://www.unioncoop.ae

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, Al Nahda and Motor City. The company has also 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. The company has three business segments that include retail, e-commerce, and investment segment. It earns the majority of its revenue from the retail segment.

Union Coop Headlines

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