First Prudential Modaraba (KAR:PMI) Credit Losses Provision : ₨0.00 Mil (As of . 20)

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What is First Prudential Modaraba Credit Losses Provision?

First Prudential Modaraba's credit losses provision for the three months ended in . 20 was ₨0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in . 20 was ₨0.00 Mil.

First Prudential Modaraba Credit Losses Provision Historical Data

The historical data trend for First Prudential Modaraba'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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First Prudential Modaraba Credit Losses Provision Chart

First Prudential Modaraba Annual Data

Trend

Credit Losses Provision

First Prudential Modaraba Quarterly Data

Credit Losses Provision

First Prudential Modaraba 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 . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨0.00 Mil.

First Prudential Modaraba (KAR:PMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » First Prudential Modaraba (KAR:PMI) » Definitions » Credit Losses Provision

Traded in Other Exchanges

N/A

Address

3rd Floor, Horizon Vista, Plot No: Commercial 10, Block No: 4, Clifton, Scheme No.5, Karachi, PAK

Website

https://www.firstprudentialmodaraba.com

First Prudential Modaraba is managed by Prudential Capital Management Limited. It provides various Islamic funding & businesses including ijarah financing, deployment of the fund in musharika, morabaha, and investment in securities. It provides financial assistance for working capital needs, Ijaraha of all types of assets with special emphasis on vehicle and industrial machinery, including securitization of lease portfolio of leasing companies and commercial activities including syndication and leveraged leasing, underwriting of public issue of shares.

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