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Hiap Teck Venture Bhd (XKLS:5072) Construction In Progress : RM0 Mil (As of Jan. 2024)


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What is Hiap Teck Venture Bhd Construction In Progress?

Hiap Teck Venture Bhd's quarterly construction in progress declined from Jul. 2023 (RM2 Mil) to Oct. 2023 (RM0 Mil) but then stayed the same from Oct. 2023 (RM0 Mil) to Jan. 2024 (RM0 Mil).

Hiap Teck Venture Bhd's annual construction in progress increased from Jul. 2021 (RM2 Mil) to Jul. 2022 (RM5 Mil) but then declined from Jul. 2022 (RM5 Mil) to Jul. 2023 (RM2 Mil).


Hiap Teck Venture Bhd Construction In Progress Historical Data

The historical data trend for Hiap Teck Venture 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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Hiap Teck Venture Bhd Construction In Progress Chart

Hiap Teck Venture Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.91 1.55 4.90 1.60

Hiap Teck Venture Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.60 - -

Hiap Teck Venture 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.


Hiap Teck Venture Bhd (XKLS:5072) Business Description

Traded in Other Exchanges
N/A
Address
Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050
Hiap Teck Venture Bhd is a Malaysia-based company. It has five segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; and the Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore. It generates a vast majority of the revenues from the Trading segment within Malaysia.

Hiap Teck Venture Bhd (XKLS:5072) Headlines

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