First Philippine Holdings (PHS:FPH) Construction In Progress : ₱0 Mil (As of Mar. 2024)

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What is First Philippine Holdings Construction In Progress?

First Philippine Holdings's quarterly construction in progress increased from Sep. 2023 (₱0 Mil) to Dec. 2023 (₱43,123 Mil) but then declined from Dec. 2023 (₱43,123 Mil) to Mar. 2024 (₱0 Mil).

First Philippine Holdings's annual construction in progress increased from Dec. 2021 (₱0 Mil) to Dec. 2022 (₱28,582 Mil) and increased from Dec. 2022 (₱28,582 Mil) to Dec. 2023 (₱43,123 Mil).

First Philippine Holdings Construction In Progress Historical Data

The historical data trend for First Philippine Holdings'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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First Philippine Holdings Construction In Progress Chart

First Philippine Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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11,907.00

13,550.00

28,582.00

43,123.00

First Philippine Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	43,123.00	-

First Philippine Holdings 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.

First Philippine Holdings (PHS:FPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » First Philippine Holdings Corp (PHS:FPH) » Definitions » Construction In Progress

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FPHPC.PFD:Philippines

Address

Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604

Website

https://www.fphc.com

First Philippine Holdings Corporation, or FPH, is a Filipino holding company involved in the purchasing and acquiring of shares in energy, real estate, manufacturing, construction, and engineering companies. FPH segments its activities into Power Generation, Real Estate Development, and Energy Solutions and Construction Services business units. The company's Power Generation division generates and distributes electricity. With its primary energy subsidiaries, First Gen Corporation and Energy Development Corporation, FPH operates a portfolio of natural gas-fired, hydroelectric, geothermal, wind, and solar power plants. The company derives the vast majority of its revenue from the sale of electricity. Principally all of FPH's operations take place in the Philippines.