GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Honghua Group Ltd (FRA:4HB) » Definitions » Credit Losses Provision

Honghua Group (FRA:4HB) Credit Losses Provision


View and export this data going back to 2008. Start your Free Trial

What is Honghua Group Credit Losses Provision?

Credit Losses Provision only applies to banks.


Honghua Group Business Description

Industry
Traded in Other Exchanges
Address
99 East Road, Information Park, Jinniu District, Sichuan, Chengdu, CHN, 610036
Honghua Group Ltd is engaged in manufacturing drilling rigs, oil and gas exploitation equipment, providing drilling services and fracturing. It manufactures conventional land drilling rigs, digital drilling rigs, accessories for drilling rigs, as well as the parts and components for the drilling rigs or the maintenance of the drilling rigs in operation. Its segments include Land drilling rigs; Parts and components and others; Drilling engineering services; offshore engineering; and Fracturing. It derives a majority of revenue from Parts and components and others segment. Geographically it operates in the PRC, Americas, Middle East, Europe and Central Asia, South Asia and South East and Africa, of which prime revenue is derived from the PRC.