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Codan (ASX:CDA) Allowance For Loans And Lease Losses


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What is Codan Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Codan Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Codan Ltd (ASX:CDA) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
N/A
Address
Technology Park, 2 Second Avenue, Mawson Lakes, SA, AUS, 5095
Codan designs and sells communication products and metal detection devices. Its global customer base includes military, security, emergency responders, broadcasters, government, humanitarian organizations, utilities, and mining. Earnings are skewed to its communication business. This business provides command center technology used to coordinate public transport, emergency services, utilities, and broadcasting. Codan also produces lightweight radios, suitable for attaching to drones. In metal detection, it produces hand-held metal detection devices, sold to organizations and individuals such as gold prospectors and hobbyist treasure hunters. Customers also use this equipment for safety and security. About half of group revenue comes from North America and one fourth is from Europe.