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Mega African Capital (XGHA:MAC) Construction In Progress : GHS0.00 Mil (As of Dec. 2022)


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What is Mega African Capital Construction In Progress?

Mega African Capital Construction In Progress Historical Data

The historical data trend for Mega African Capital'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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Mega African Capital Construction In Progress Chart

Mega African Capital Annual Data
Trend Dec20 Dec21 Dec22
Construction In Progress
- - -

Mega African Capital Semi-Annual Data
Dec20 Dec21 Dec22
Construction In Progress - - -

Mega African Capital 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.

Mega African Capital (XGHA:MAC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mega African Capital Ltd (XGHA:MAC) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
Sunyani Avenue, The Alberts, 2nd Floor, No. 23 Kanda Estates, Kanda, Accra, GHA
Website
http://www.megafricancapital.com
Mega African Capital Ltd is an investment company. The company's objective is to seek exposure to the potential to generate high real returns. The company invests across three business lines namely, equity unlisted equity and real estate projects. The Company is authorized to undertake the Development, Purchase, Sales and Rental of Real Estates; Investment In Equities; Fixed Income Investments; and Any other Financial Services.