KT (KT) Construction In Progress : $930 Mil (As of Dec. 2024)

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What is KT Construction In Progress?

KT's quarterly construction in progress stayed the same from Jun. 2024 ($0 Mil) to Sep. 2024 ($0 Mil) but then increased from Sep. 2024 ($0 Mil) to Dec. 2024 ($930 Mil).

KT's annual construction in progress declined from Dec. 2022 ($857 Mil) to Dec. 2023 ($794 Mil) but then increased from Dec. 2023 ($794 Mil) to Dec. 2024 ($930 Mil).

KT Construction In Progress Historical Data

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

KT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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957.04

924.48

856.58

793.62

930.02

KT Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															793.62	-	-	-	930.02

KT 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.

KT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » KT Corp (NYSE:KT) » Definitions » Construction In Progress

Traded in Other Exchanges

030200:Korea KTC:Germany K1TC34:Brazil

Address

90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13606

Website

https://corp.kt.com

KT is South Korea's largest fixed-line telecom operator, with around 11.5 million fixed-line broadband customers and 9.4 million IPTV customers, and is the second-largest wireless operator with 26 million subscribers. Additionally, it has a number of nontelecom businesses, including real estate, payment processing, artificial intelligence, and IDC/cloud services, many of which are the focus of its growth strategy. The company was formed from the previously government-owned, monopoly telecom business and was listed in 1998. After selling its mobile business in 1994 (forming its mobile competitor, SK Telecom) KT created its own mobile operator in 1997.