Ades Holding Co (SAU:2382) Construction In Progress : ﷼314 Mil (As of Jun. 2024)

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What is Ades Holding Co Construction In Progress?

Ades Holding Co's quarterly construction in progress declined from Dec. 2023 (﷼2,944 Mil) to Mar. 2024 (﷼490 Mil) and declined from Mar. 2024 (﷼490 Mil) to Jun. 2024 (﷼314 Mil).

Ades Holding Co's annual construction in progress stayed the same from . 20 (﷼0 Mil) to . 20 (﷼0 Mil) but then increased from . 20 (﷼0 Mil) to Dec. 2023 (﷼2,944 Mil).

Ades Holding Co Construction In Progress Historical Data

The historical data trend for Ades Holding Co'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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Ades Holding Co Construction In Progress Chart

Ades Holding Co Annual Data

Trend

Dec23

Construction In Progress

2,944.28

Ades Holding Co Quarterly Data
	Mar23	Jun23	Dec23	Mar24	Jun24
Construction In Progress	-	-	2,944.28	489.88	314.31

Ades Holding Co 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.

Ades Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ades Holding Co (SAU:2382) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203

Website

https://www.adesgroup.com

Ades Holding Co is a company whose main purpose is oil and gas drilling and production services providing in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co Headlines

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