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Banco de la Produccion PRODUBANCO (XGUA:PRE) Research & Development : $0.0 Mil (TTM As of Dec. 2023)


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What is Banco de la Produccion PRODUBANCO Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Banco de la Produccion PRODUBANCO's Research & Development for the six months ended in Dec. 2023 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.0 Mil.

Banco de la Produccion PRODUBANCO Research & Development Historical Data

The historical data trend for Banco de la Produccion PRODUBANCO's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banco de la Produccion PRODUBANCO Research & Development Chart

Banco de la Produccion PRODUBANCO Annual Data
Trend Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Banco de la Produccion PRODUBANCO Semi-Annual Data
Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
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Banco de la Produccion PRODUBANCO Research & Development Calculation

This is the expense the company spent on research and development.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Banco de la Produccion PRODUBANCO  (XGUA:PRE) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Banco de la Produccion PRODUBANCO Research & Development Related Terms

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Banco de la Produccion PRODUBANCO Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de la Produccion SA PRODUBANCO (XGUA:PRE) » Definitions » Research & Development
Comparable Companies
XGUA:GYL XGUA:PCD NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 MIL:ISP XPAR:BNP SGX:D05 MIL:UCG NSE:SBIN HKSE:01658 ISX:BBCA PNC USB BSP:ITUB3 TSE:8411 SHSE:601166 LSE:LLOY XPAR:ACA
Traded in Other Exchanges
PRE:Ecuador
Address
Simon Bolivar and Via a Nayon, Ekopark Corporate Complex, Tower 1, Quito, ECU
Website
https://www.produbanco.com
Banco de la Produccion SA PRODUBANCO is a banking company. Its services include current accounts in dollars, savings accounts in dollars, capital integration accounts, payment of import levies, payment of taxes, accumulation policies, and ATMs among others.