Petronas Gas Bhd (XKLS:6033) Construction In Progress : RM2,184 Mil (As of Dec. 2023)

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What is Petronas Gas Bhd Construction In Progress?

Petronas Gas Bhd's quarterly construction in progress stayed the same from Jun. 2023 (RM0 Mil) to Sep. 2023 (RM0 Mil) but then increased from Sep. 2023 (RM0 Mil) to Dec. 2023 (RM2,184 Mil).

Petronas Gas Bhd's annual construction in progress increased from Dec. 2021 (RM1,790 Mil) to Dec. 2022 (RM1,973 Mil) and increased from Dec. 2022 (RM1,973 Mil) to Dec. 2023 (RM2,184 Mil).

Petronas Gas Bhd Construction In Progress Historical Data

The historical data trend for Petronas Gas 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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Petronas Gas Bhd Construction In Progress Chart

Petronas Gas Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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891.24

1,360.20

1,790.47

1,973.39

2,183.56

Petronas Gas Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															1,973.39	-	-	-	2,183.56

Petronas Gas 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.

Petronas Gas Bhd (XKLS:6033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Construction In Progress

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PNAGF:USA

Address

Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.petronasgas.com

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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