United Real Estate Co (K S C) (KUW:URC) Construction In Progress : KWD0.00 Mil (As of Mar. 2025)

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What is United Real Estate Co (K S C) Construction In Progress?

United Real Estate Co (K S C)'s quarterly construction in progress increased from Sep. 2024 (KWD0.00 Mil) to Dec. 2024 (KWD0.54 Mil) but then declined from Dec. 2024 (KWD0.54 Mil) to Mar. 2025 (KWD0.00 Mil).

United Real Estate Co (K S C)'s annual construction in progress declined from Dec. 2022 (KWD6.69 Mil) to Dec. 2023 (KWD0.39 Mil) but then increased from Dec. 2023 (KWD0.39 Mil) to Dec. 2024 (KWD0.54 Mil).

United Real Estate Co (K S C) Construction In Progress Historical Data

The historical data trend for United Real Estate Co (K S C)'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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United Real Estate Co (K S C) Construction In Progress Chart

United Real Estate Co (K S C) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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2.85

3.95

6.69

0.39

0.54

United Real Estate Co (K S C) Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															-	-	-	0.54	-

United Real Estate Co (K S C) 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.

United Real Estate Co (K S C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » United Real Estate Co (K S C) (KUW:URC) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

Khalid Bin Al-Waleed Street, P.O. Box 2232, Al Shaheed Tower, Floors 7-8-9-10, Sharq, Safat, Kuwait, KWT, 13023

Website

https://www.urc.com.kw

United Real Estate Co (K S C) is a diversified real estate company. The firm operates through a number of operating subsidiaries and investment arms across the Middle East and North Africa region. The company's core business is real estate development and operations. The company has four segments: Rental operations consist of leasing of properties; Hospitality operations consist of hospitality services; Real estate development &Property trading consist of purchase and resale of properties & development of real estate properties; and Contracting and services: consist of managing third party properties. Its primary geographic markets are Kuwait, Jordan, Egypt and Oman out of which Kuwait generates maximum revenue for the company.

United Real Estate Co (K S C) Headlines

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