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Palestine Development & Investment Co (XPAE:PADICO) Construction In Progress : $22.29 Mil (As of Dec. 2023)


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What is Palestine Development & Investment Co Construction In Progress?

Palestine Development & Investment Co's quarterly construction in progress declined from Jun. 2023 ($30.45 Mil) to Sep. 2023 ($26.56 Mil) and declined from Sep. 2023 ($26.56 Mil) to Dec. 2023 ($22.29 Mil).

Palestine Development & Investment Co's annual construction in progress increased from Dec. 2021 ($18.78 Mil) to Dec. 2022 ($28.52 Mil) but then declined from Dec. 2022 ($28.52 Mil) to Dec. 2023 ($22.29 Mil).

Palestine Development & Investment Co Construction In Progress Historical Data

The historical data trend for Palestine Development & Investment Co'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.

* Premium members only.

Palestine Development & Investment Co Construction In Progress Chart

Palestine Development & Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.43 12.65 18.78 28.52 22.29

Palestine Development & Investment Co 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 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 28.52 32.02 30.45 26.56 22.29

Palestine Development & Investment Co 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.

Palestine Development & Investment Co (XPAE:PADICO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Palestine Development & Investment Co (XPAE:PADICO) » Definitions » Construction In Progress
Comparable Companies
DHA:EBL DHA:DHAKABANK DHA:UTTARABANK DHA:MTB DHA:JAMUNAOIL DHA:DUTCHBANGL DHA:UCB DHA:BSRMSTEEL DHA:MPETROLEUM DHA:PRIMEBANK BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
P.O.Box 6181, Amman, JOR, 11118
Website
https://www.padico.com
Palestine Development & Investment Co is an investment and development company. It invests in real estate, telecommunications, tourism, industry, agriculture, infrastructure, financial services, and the environment sectors. The company's objective is to develop and encourage investment in various sectors and technical and consultancy services through the establishment of companies, joint ventures, and associations with other companies. The firm's investment strategy is based on sector diversification, long-term investment, and well-founded partnerships. It classifies its investments in subsidiary companies, affiliated companies, and other investments.

Palestine Development & Investment Co (XPAE:PADICO) Headlines

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