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Weg (BSP:WEGE3) Allowance For Loans And Lease Losses


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What is Weg Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Weg (BSP:WEGE3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weg SA (BSP:WEGE3) » Definitions » Allowance For Loans And Lease Losses
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Address
Avenida Prefeito Waldemar Grubba, 3300, Jaragua do Sul, SC, BRA, 89256-900
Weg SA produces and sells electric motors, generators, control systems, and other industrial devices worldwide. The company has three reportable segments: industry, energy, and foreign (outside of Brazil). The industry segment manufactures various motors, drives, controls, and equipment for industrial automation. Energy products primarily consist of electricity generators for power plants, turbines, control systems, and transformers to aid distributed energy systems and solutions.