Mestron Holdings Bhd (XKLS:0207) Construction In Progress : RM5.5 Mil (As of Dec. 2024)

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What is Mestron Holdings Bhd Construction In Progress?

Mestron Holdings Bhd's quarterly construction in progress stayed the same from Jun. 2024 (RM0.0 Mil) to Sep. 2024 (RM0.0 Mil) but then increased from Sep. 2024 (RM0.0 Mil) to Dec. 2024 (RM5.5 Mil).

Mestron Holdings Bhd's annual construction in progress declined from Dec. 2022 (RM20.8 Mil) to Dec. 2023 (RM1.4 Mil) but then increased from Dec. 2023 (RM1.4 Mil) to Dec. 2024 (RM5.5 Mil).

Mestron Holdings Bhd Construction In Progress Historical Data

The historical data trend for Mestron Holdings Bhd'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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Mestron Holdings Bhd Construction In Progress Chart

Mestron Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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2.66

15.74

20.80

1.41

5.51

Mestron Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															1.41	-	-	-	5.51

Mestron Holdings Bhd 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.

Mestron Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mestron Holdings Bhd (XKLS:0207) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

PT 50102, Jalan MU 1/9 Seksyen 10, Taman Perindustrian Meranti Utama, Puchong, SGR, MYS, 47120

Website

https://www.mestron.com.my

Mestron Holdings Bhd specializes in steel poles, providing products like Standard and Decorative Street Light Poles, Telecommunication Monopoles, High Mast Poles, Camera Poles, Traffic Poles, and specialized options for Oil & Gas and Mining industries. The company operates in three segments: Manufacturing, focused on producing various steel poles; Trading, which deals in outdoor lighting products and property development; and the Renewable Energy Segment. Trading Segment generates the majority of revenue, due to the deliveries of solar panels, inverters, and solar components from the domestic market, due to the higher demand for installation in the Commercial and Industrial sectors.

Mestron Holdings Bhd Headlines

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