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Pyne Gould (NZSE:PGC) Credit Losses Provision


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What is Pyne Gould Credit Losses Provision?

Credit Losses Provision only applies to banks.


Pyne Gould (NZSE:PGC) Business Description

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Pyne Gould Corp Ltd is a wealth management company. The company operates in various business segments that include Torchlight Segment; which provides investment management services and a proprietary investor, Property Group segment; which manages group's property assets, and Parent Company segment; which hold investments in subsidiaries. The Torchlight business segment generates maximum revenue for the company. Geographically the company exports its products to Australia and Cayman Islands regions. The Australian region generates maximum revenue for the company.