Mermaid Maritime PCL (SGX:DU4) Construction In Progress : S$0.0 Mil (As of Mar. 2024)

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What is Mermaid Maritime PCL Construction In Progress?

Mermaid Maritime PCL's quarterly construction in progress increased from Sep. 2023 (S$0.0 Mil) to Dec. 2023 (S$7.1 Mil) but then declined from Dec. 2023 (S$7.1 Mil) to Mar. 2024 (S$0.0 Mil).

Mermaid Maritime PCL's annual construction in progress increased from Dec. 2021 (S$1.0 Mil) to Dec. 2022 (S$1.5 Mil) and increased from Dec. 2022 (S$1.5 Mil) to Dec. 2023 (S$7.1 Mil).

Mermaid Maritime PCL Construction In Progress Historical Data

The historical data trend for Mermaid Maritime PCL'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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Mermaid Maritime PCL Construction In Progress Chart

Mermaid Maritime PCL Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1.75

0.95

1.54

7.13

Mermaid Maritime PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	7.13	-

Mermaid Maritime PCL 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.

Mermaid Maritime PCL (SGX:DU4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mermaid Maritime PCL (SGX:DU4) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330

Website

https://www.mermaid-group.com

Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.

Mermaid Maritime PCL (SGX:DU4) Headlines

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