Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) Construction In Progress : ﷼4.3 Mil (As of Jun. 2024)

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What is Mohammed Hadi AL Rasheed & Partners Co Construction In Progress?

Mohammed Hadi AL Rasheed & Partners Co's quarterly construction in progress increased from Jun. 2023 (﷼0.0 Mil) to Dec. 2023 (﷼2.1 Mil) and increased from Dec. 2023 (﷼2.1 Mil) to Jun. 2024 (﷼4.3 Mil).

Mohammed Hadi AL Rasheed & Partners Co's annual construction in progress increased from . 20 (﷼0.0 Mil) to Dec. 2022 (﷼0.3 Mil) and increased from Dec. 2022 (﷼0.3 Mil) to Dec. 2023 (﷼2.1 Mil).

Mohammed Hadi AL Rasheed & Partners Co Construction In Progress Historical Data

The historical data trend for Mohammed Hadi AL Rasheed & Partners 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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Mohammed Hadi AL Rasheed & Partners Co Construction In Progress Chart

Mohammed Hadi AL Rasheed & Partners Co Annual Data

Trend

Dec22

Dec23

Construction In Progress

0.26

2.11

Mohammed Hadi AL Rasheed & Partners Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Construction In Progress	0.26	-	2.11	4.34

Mohammed Hadi AL Rasheed & Partners 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.

Mohammed Hadi AL Rasheed & Partners Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dammam Road, Building No. 2865, Granada District, Riyadh, SAU, 8137-13242

Website

https://www.alrasheedco.com.sa

Mohammed Hadi AL Rasheed & Partners Co is a company whose main activities are operating quarries, rewinding the magnetic core of generators, motors, and electrical transformers, general construction for residential buildings, general construction for non-residential buildings such as schools, hospitals, hotels, etc, also includes the construction of roads, streets, sidewalks, and road supplies, extending pipes of various types for electricity, communications, and others.

Mohammed Hadi AL Rasheed & Partners Co Headlines

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