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Boral (BOALF) Allowance For Loans And Lease Losses


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What is Boral Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Boral (BOALF) Business Description

Industry
Traded in Other Exchanges
Address
39 Delhi Road, Level 3, Triniti 2, P.O. Box 6041, North Ryde, Sydney, NSW, AUS, 2113
Boral is a vertically integrated construction materials company with operations across aggregates, cement, concrete, and asphalt. Several divestments mean Boral is now an Australia-focused construction materials and property development company. Approximately two thirds of revenue is exposed to infrastructure and nonresidential construction projects such as roads, highways, subdivisions, bridges, and commercial buildings. The balance rests on residential construction activity across detached housing, apartments, and renovations. Boral is just over 70%-owned by Australian industrial services and energy conglomerate Seven Group Holdings Limited.