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Peoples Leasing & Finance (COL:PLC.N0000) Credit Losses Provision : රු0 Mil (As of Dec. 2023)


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What is Peoples Leasing & Finance Credit Losses Provision?

Peoples Leasing & Finance's credit losses provision for the three months ended in Dec. 2023 was රු0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was රු0 Mil.

Peoples Leasing & Finance Credit Losses Provision Historical Data

The historical data trend for Peoples Leasing & Finance'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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Peoples Leasing & Finance Credit Losses Provision Chart

Peoples Leasing & Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Credit Losses Provision
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Peoples Leasing & Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Peoples Leasing & Finance 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 quarterly data reported by the company within the most recent 12 months, which was රු0 Mil.

* 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.

Peoples Leasing & Finance (COL:PLC.N0000) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Peoples Leasing & Finance PLC (COL:PLC.N0000) » Definitions » Credit Losses Provision
Comparable Companies
COL:CFIN.N0000 COL:CDB.N0000 COL:COCR.N0000 COL:LFIN.N0000 COL:CSF.N0000 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810 TSE:8593 BOM:543066
Traded in Other Exchanges
N/A
Address
No. 1161, Maradana Road, Borella, Colombo, LKA, 00800
Website
https://www.plc.lk
Peoples Leasing & Finance PLC provides financial service. The company's operating segment include Lease and hire purchase; Loans; Islamic; Insurance business and Other business. It generates maximum revenue from the Lease and hire purchase segment. The company product portfolio mainly comprises finance leases, loans, deposits (fixed and saving deposits), Islamic products and factoring, as well as margin trading facilities and others.

Peoples Leasing & Finance (COL:PLC.N0000) Headlines

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