Velesto Energy Bhd (XKLS:5243) Buildings And Improvements : RM32 Mil (As of Dec. 2023)

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What is Velesto Energy Bhd Buildings And Improvements?

Velesto Energy Bhd's quarterly buildings and improvements stayed the same from Jun. 2023 (RM0 Mil) to Sep. 2023 (RM0 Mil) but then increased from Sep. 2023 (RM0 Mil) to Dec. 2023 (RM32 Mil).

Velesto Energy Bhd's annual buildings and improvements declined from Dec. 2021 (RM31 Mil) to Dec. 2022 (RM31 Mil) but then increased from Dec. 2022 (RM31 Mil) to Dec. 2023 (RM32 Mil).

Velesto Energy Bhd Buildings And Improvements Historical Data

The historical data trend for Velesto Energy Bhd's Buildings And Improvements 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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Velesto Energy Bhd Buildings And Improvements Chart

Velesto Energy Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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20.04

29.71

31.43

31.35

32.13

Velesto Energy Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															31.35	-	-	-	32.13

Velesto Energy Bhd Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Velesto Energy Bhd (XKLS:5243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velesto Energy Bhd (XKLS:5243) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, MYS, 50470

Website

https://www.velesto.com

Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company has four operating segments namely drilling services; Integrated services; oilfield services; and others. The company has a geographical presence in Malaysia, Indonesia, and Singapore.

Velesto Energy Bhd (XKLS:5243) Headlines

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