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Watani Iron Steel Co (SAU:9513) Construction In Progress : ﷼6.9 Mil (As of Dec. 2024)


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What is Watani Iron Steel Co Construction In Progress?

Watani Iron Steel Co's quarterly construction in progress increased from Dec. 2023 (﷼2.4 Mil) to Jun. 2024 (﷼5.6 Mil) and increased from Jun. 2024 (﷼5.6 Mil) to Dec. 2024 (﷼6.9 Mil).

Watani Iron Steel Co's annual construction in progress increased from Dec. 2022 (﷼0.0 Mil) to Dec. 2023 (﷼2.4 Mil) and increased from Dec. 2023 (﷼2.4 Mil) to Dec. 2024 (﷼6.9 Mil).


Watani Iron Steel Co Construction In Progress Historical Data

The historical data trend for Watani Iron Steel 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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Watani Iron Steel Co Construction In Progress Chart

Watani Iron Steel Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
- - - 2.37 6.88

Watani Iron Steel Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.37 5.55 6.88

Watani Iron Steel 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.


Watani Iron Steel Co Business Description

Traded in Other Exchanges
N/A
Address
New Al-Kharj Road, New Industrial City, Heet District, Riyadh, SAU
Watani Iron Steel Co is engaged in the manufacture of primary iron products in the form of blocks of substrates and waste after being melted, as well as the manufacture of sheet plates, strip coils, bar bars, wire corners, and clips of all shapes.

Watani Iron Steel Co Headlines

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