financial performance Archives - Lanka Business News

November 14, 2024

Group Net Operating Income up by 22% to LKR 24 Bn Impairment charge for loans and receivables reduced by 69% to LKR 3.6 Bn. Group Profit After Tax of LKR 7.1 Bn Group Total Capital Adequacy Ratio – 15.242% Group Total Assets up by 6% to LKR 681 Bn During the period under review, DFCC […]

August 15, 2024

WindForce PLC, Sri Lanka’s leader in the renewable energy sector, has announced an outstanding financial performance for the first quarter of the 2024/25 fiscal year. The company reported a robust 87% surge in EBITDA reaching LKR 1.95 billion, a significant leap from LKR 1 billion in the same period last year. This remarkable growth highlights […]

July 15, 2024

Sarvodaya Development Finance PLC has achieved a record-breaking year in terms of financial performance, marking financial year 2023/24 as one of unprecedented growth and resilience. Accordingly, the company reported its highest-ever profits, underpinned by a robust 43.5% growth in Net Interest Income and a 45.7% increase in Total Operating Income. Despite challenges amidst a dynamic […]

June 17, 2024

17th June 2024, Colombo: Janashakthi Life, one of Sri Lanka’s leading life insurers, reported stellar financial results for the first quarter of 2024, solidifying the company’s position for continued growth and stability. Janashakthi Life’s Gross Written Premium (GWP) growth surged by an impressive 44% in Q1 2024 compared to Q1 2023. This significant increase reflects […]

May 15, 2024

DFCC Bank recently unveiled its Annual Report 2023, spotlighting the Bank’s remarkable achievements against a backdrop of formidable challenges and exciting opportunities. Overcoming a challenging and dynamic economic environment, DFCC Bank emerged, posting a record-breaking financial year. These achievements were complemented and supported by the Bank’s many sustainable initiatives in its drive to achieve carbon […]

February 13, 2024

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People’s Leasing & Finance PLC (PLC), a leading non-banking financial services provider in Sri Lanka, reported robust financial performance for the third quarter of fiscal year 2023/24, indicating positive growth and stability amidst a competitive marketing environment. Profit After Tax (PAT) reached Rs. 2,141 million for the 9-month period, with Q3 of FY 2023/24 contributing […]

August 16, 2023

First Capital Holdings PLC (the Group) announces its outstanding financial performance for the first quarter ended June 30, 2023. The Group reported an impressive Profit after Tax of Rs. 2.81 billion, marking a remarkable leap from Rs. 96 million recorded in the same period last year. Among the key divisions, the Primary […]

May 29, 2023

Colombo, 29th May 2023 – First Capital Holdings PLC (the Group), a member of the Janashakthi Group, announces its impressive financial results, and a remarkable turnaround from the previous year, marking the year ended 31st March 2023 its most successful in its 40-year history. The Group’s financial results exhibit an impressive feat, with a […]

February 24, 2023

Operating Income of LKR 38.8Bn, YoY growth of 67% Profit Before Tax of LKR 13.4Bn, YoY growth of 29% Profit After Tax of LKR 7.2Bn, YoY growth of 8% Strong Capital Adequacy with Tier I of 14.8% and Total CAR of 16.9% Colombo, February, 2023 – Nations Trust Bank PLC (NTB) continued […]

November 28, 2022

• Annual Recurring Revenue increases by 38% YoY • Cloud Revenue grows at 104% Vs. 2021 Q3 YTD • Third consecutive high performance quarter cements IFS leadership in core capabilities Colombo, 28th November 2022: IFS, the global cloud enterprise software company, today reported its financial results for Q3 year-to-date (YTD) ending […]

Financial Stability: Prudent Balance Sheet Management results in strong bottom line growth for DFCC Bank

WindForce Soars to New Heights: Stellar Quarterly Performance

Record Year for Sarvodaya Development Finance PLC as Profits and Assets Soar

Janashakthi Life Soars: Q1 Gross Written Premiums Up 44%, Profit Before Tax Grows 29%

DFCC Bank Unveils Annual Report for 2023, Highlighting Exceptional Financial Performance Driven by Deep Commitment to Sustainability

PLC Achieves Remarkable 30.8% PAT Growth Amid Dynamic Market Conditions in Q3 2023/24

First Capital Reports Impressive Financial Performance with Profits Soaring to Rs. 2.81 Billion

First Capital Holdings PLC delivers Extraordinary Financial Performance, setting a New Benchmark in its Four-Decade Legacy.

Nations Trust Bank PLC reports record financial performance, further strengthening capital adequacy and stability

IFS continues to deliver strong 2022 financial performance with Q3 Year-to-Date results