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CPM Group (HKSE:01932) Allowance For Loans And Lease Losses


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What is CPM Group Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


CPM Group (HKSE:01932) Business Description

Industry
Traded in Other Exchanges
N/A
Address
338 Hennessy Road, 31st Floor, CNT Tower, Wanchai, Hong Kong, HKG
CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which engages in the manufacture and sale of paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland of China and Hong Kong markets. The group derives the majority of its revenue from Mainland China.