Elk-Desa set on driving down impaired loans

Quick Summary:

Elk-Desa Resources Bhd will continue to sustain a growth trajectory by expanding its hire-purchase receivables with a growth target in the lower to mid teens, according to chief financial officer Teoh Seng Hee.

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In its filing with Bursa Malaysia, Elk-Desa noted it will pay special attention to drive down its impaired loans ratio.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: ElkDesaResources RevenueGrowth Corporate News BusinessExpansion NonBankLender /Business/Business News GrowthStrategy HirePurchase

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 00:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 152 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22089175

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