South Ocean Holdings (JSE:SOH) Construction In Progress : R18 Mil (As of Dec. 2023)

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What is South Ocean Holdings Construction In Progress?

South Ocean Holdings's quarterly construction in progress declined from Dec. 2022 (R52 Mil) to Jun. 2023 (R0 Mil) but then increased from Jun. 2023 (R0 Mil) to Dec. 2023 (R18 Mil).

South Ocean Holdings's annual construction in progress increased from Dec. 2021 (R4 Mil) to Dec. 2022 (R52 Mil) but then declined from Dec. 2022 (R52 Mil) to Dec. 2023 (R18 Mil).

South Ocean Holdings Construction In Progress Historical Data

The historical data trend for South Ocean Holdings'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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South Ocean Holdings Construction In Progress Chart

South Ocean Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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18.06

8.68

3.91

52.33

17.93

South Ocean Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															3.91	-	52.33	-	17.93

South Ocean Holdings 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.

South Ocean Holdings (JSE:SOH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » South Ocean Holdings Ltd (JSE:SOH) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

16 Botha Street, Alrode, ZAF, 1451

Website

https://southoceanholdings.co.za

South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing and Property investments. The company earns maximum revenue by selling Copper cables The group operates in South Africa.

South Ocean Holdings (JSE:SOH) Headlines

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