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Tanganda Tea Co (XZIM:TANGANDA) Construction In Progress : ZWG0.0 Mil (As of Sep. 2024)


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What is Tanganda Tea Co Construction In Progress?

Tanganda Tea Co Construction In Progress Historical Data

The historical data trend for Tanganda Tea 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.
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Tanganda Tea Co Construction In Progress Chart

Tanganda Tea Co Annual Data
Trend Sep23 Sep24
Construction In Progress
- -

Tanganda Tea Co Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
Construction In Progress - - - -

Tanganda Tea 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.

Tanganda Tea Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tanganda Tea Co Ltd (XZIM:TANGANDA) » Definitions » Construction In Progress
Comparable Companies
XZIM:ARIS.ZW SZSE:002714 ADM TSN SZSE:300498 BG OSL:MOWI BKK:CPF OSL:SALM SZSE:000876 ISX:CPIN CALM XKLS:7084 XKLS:4065 SZSE:300972 SZSE:002157 SHSE:600598 XKLS:2089 XPAR:LOUP SHSE:600095
Traded in Other Exchanges
N/A
Address
15 Vumba Road, Mutare, ZWE
Website
https://www.tangandatea.com
Tanganda Tea Co Ltd is an agro-manufacturing company. It is a grower, packer and distributor of tea in Zimbabwe. The company also has hectarage of tea, macadamia, avocado and coffee plantations. It is organized into two operating segments Agriculture segment consist of five estates inter-cropped with tea, coffee, avocados and macadamia nuts; and Beverage segment consists of a tea blending and packaging plant as well as a distribution warehouse in Mutare. Packed tea from the factory is sold and distributed through distribution depots in Harare, Bulawayo, Gweru and Mutare. It derives majority of the revenue from Agriculture segment.

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