Philex Mining (PHS:PX) Construction In Progress : ₱0 Mil (As of Mar. 2025)

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What is Philex Mining Construction In Progress?

Philex Mining's quarterly construction in progress increased from Sep. 2024 (₱0 Mil) to Dec. 2024 (₱916 Mil) but then declined from Dec. 2024 (₱916 Mil) to Mar. 2025 (₱0 Mil).

Philex Mining's annual construction in progress declined from Dec. 2022 (₱462 Mil) to Dec. 2023 (₱96 Mil) but then increased from Dec. 2023 (₱96 Mil) to Dec. 2024 (₱916 Mil).

Philex Mining Construction In Progress Historical Data

The historical data trend for Philex Mining'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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Philex Mining Construction In Progress Chart

Philex Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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296.85

375.35

462.00

95.95

915.91

Philex Mining 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															-	-	-	915.91	-

Philex Mining 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.

Philex Mining Business Description

Industry

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PXMFF:USA

Address

Reliance Street Corner Sheridan Street, 2nd Floor, Launchpad, Metro Manila, Mandaluyong, PHL, 1550

Website

https://www.philexmining.com.ph

Philex Mining Corporation is engaged in large-scale exploration, development and utilization of mineral resources. The company is organized across two main business groupings: the mining and metals business and the energy and hydrocarbon business. The metals business mines copper concentrates to produce copper and by-products of gold and silver. The energy and hydrocarbon business has interests (operating and non-operating) in several oil and gas companies. The metals business's gold and copper output is largely produced by the Padcal Mine in Benguet, Philippines. Production from the Padcal Mine contributes the vast majority of the entire company's revenue.