Allied Group (HKSE:00373) Credit Losses Provision : HK$0 Mil (As of Dec. 2023)

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What is Allied Group Credit Losses Provision?

Allied Group's credit losses provision for the six months ended in Dec. 2023 was HK$0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0 Mil.

Allied Group Credit Losses Provision Historical Data

The historical data trend for Allied Group's Credit Losses Provision 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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Allied Group Credit Losses Provision Chart

Allied Group Annual Data

Trend

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Credit Losses Provision

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Allied Group Semi-Annual Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Allied Group Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Allied Group (HKSE:00373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Allied Group Ltd (HKSE:00373) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG

Website

http://www.alliedgroup.com.hk

Allied Group Ltd is a Hong Kong-based investment holding company. The segments in which the company operates are investment and finance which includes investment and provision of mortgage loan and term loan financing. 2) Consumer finance segment includes the provision of consumer, SME and other financing. 3) Property development includes the business of development of properties. 4) Property investment includes property rental and hotel operations managed by third parties. 5) Property management includes the provision of property management, cleaning and security guarding services. 6) Elderly care services include the provision of elderly care services. 7) Corporate and other operations include corporate revenue and expenses, other operations and results of unallocated operations.

Executives

Lee Seng Hui
Minty Hongkong Limited
Cashplus Management Limited
Zealous Developments Limited
Lee Seng Huang
Lee Su Hwei
China Spirit Limited	2201 Interest of corporation controlled by you
Vigor Online Offshore Limited	2101 Beneficial owner
Chong Sok Un	2201 Interest of corporation controlled by you

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