Packages (KAR:PKGS) Construction In Progress : ₨31,586 Mil (As of Mar. 2024)

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What is Packages Construction In Progress?

Packages's quarterly construction in progress declined from Sep. 2023 (₨29,176 Mil) to Dec. 2023 (₨24,690 Mil) but then increased from Dec. 2023 (₨24,690 Mil) to Mar. 2024 (₨31,586 Mil).

Packages's annual construction in progress increased from Dec. 2021 (₨6,940 Mil) to Dec. 2022 (₨17,326 Mil) and increased from Dec. 2022 (₨17,326 Mil) to Dec. 2023 (₨24,690 Mil).

Packages Construction In Progress Historical Data

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

Packages Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2,582.81

2,914.83

6,939.72

17,325.88

24,689.55

Packages Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															20,584.51	21,768.78	29,176.30	24,689.55	31,586.28

Packages 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.

Packages (KAR:PKGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Packages Ltd (KAR:PKGS) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shahrah-e-Roomi, P.O. Amer-Sidhu, Lahore, PAK, 54760

Website

https://www.packages.com.pk

Packages Ltd is a company that manufactures and sells packaging materials and tissue products & sanitary napkins. It operates through Packaging, Consumer Products, Ink, Real Estate, Paper, Paper board, and other unallocated segments. Its Business group is spread across various geographical regions which include Pakistan, Afghanistan, Bahrain, Bangladesh, Indonesia, Kenya, Mauritius, Oman, South Africa, Sri Lanka, and the UAE of which domestic country Pakistan accounts for a larger share of the revenue.

Packages (KAR:PKGS) Headlines

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