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OCK Group Bhd (XKLS:0172) Construction In Progress : RM62.3 Mil (As of Dec. 2023)


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What is OCK Group Bhd Construction In Progress?

OCK Group Bhd's quarterly construction in progress stayed the same from Jun. 2023 (RM0.0 Mil) to Sep. 2023 (RM0.0 Mil) but then increased from Sep. 2023 (RM0.0 Mil) to Dec. 2023 (RM62.3 Mil).

OCK Group Bhd's annual construction in progress increased from Dec. 2021 (RM65.1 Mil) to Dec. 2022 (RM68.9 Mil) but then declined from Dec. 2022 (RM68.9 Mil) to Dec. 2023 (RM62.3 Mil).

OCK Group Bhd Construction In Progress Historical Data

The historical data trend for OCK Group 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.

* Premium members only.

OCK Group Bhd Construction In Progress Chart

OCK Group Bhd 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 47.77 35.90 65.08 68.95 62.34

OCK Group 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 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 68.95 - - - 62.34

OCK Group 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.

OCK Group Bhd (XKLS:0172) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » OCK Group Bhd (XKLS:0172) » Definitions » Construction In Progress
Comparable Companies
XKLS:0032 XKLS:0195 XKLS:0082 XKLS:0165 XKLS:0017 XKLS:0092 XKLS:0103 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434
Traded in Other Exchanges
N/A
Address
No. 18, Jalan Jurunilai U1/20, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Website
https://www.ock.com.my
OCK Group Bhd provides telecommunications network services. The company is engaged in the provision of telecommunication services equipped with the ability to provide full turnkey services. The company operates in segments namely Telecommunication Network Services, Green Energy & Power Solutions, Trading, Mechanical & Electrical Engineering Services, and Investment Holding. The majority of the revenue is generated from the Telecommunication Network Services. The company also trades in telecommunication hardware and installation of materials such as antennas, feeder cables, and connectors. The company operates in Malaysia, China, Myanmar, Indonesia, Singapore, and Vietnam, out of which Malaysia accounts for the majority revenue.

OCK Group Bhd (XKLS:0172) Headlines

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