income Archives

August 15, 2024

Commercial-Bank-Chairman-Mr-Sharhan-Muhseen-Managing-Director-and-CEO-Mr-Sanath-Manatunge-LBN.jpg

Continues to push lending, growing loan book by Rs 67.55 bn. in six months Strong CASA ratio of 39.95% lessens interest expense growth Net interest income up 56.53% to Rs 58.62 bn. Total taxes increase by 92% to Rs 14.88bn. Characteristically agile and proactive responses to market-specific dynamics have enabled the Commercial Bank of Ceylon […]

August 28, 2023

Amidst the ongoing economic difficulties in Europe, JFS Holdings Limited has achieved a remarkable feat by recording its highest-ever net USD income for the fiscal year 2022/23. Despite the recession, the company’s impressive growth rate of 93% stands as a testament to its commitment to excellence and adaptability in the ever-changing business […]

August 16, 2023

Commercial-Bank-Chairman-Prof.-Ananda-Jayawardane-Managing-Director-and-CEO-Mr-Sanath-Manatunge-LBN.jpg

Gross Income improves by 40.29% to Rs 167.668 Bn. Interest income up 71% to Rs 150.8 Bn, but interest expenses surge 139% to Rs 113.3 Bn. Appreciation of Rupee continues to impact loan book, deposits and assets The Commercial Bank of Ceylon Group has reported gross income of Rs 167.668 billion including […]

November 14, 2022

• 62% YoY growth in Operating Income • PBT of LKR 9.3 Bn at a YoY growth of 25% • PAT of LKR5.2 Bn at a YoY growth of 6% • Strong Capital Adequacy with Tier I CAR of 12.59% and Total CAR of 14.85% Colombo, November 14, 2022 – Nations […]

August 15, 2022

Gihan-Cooray-Chairman-and-Hemantha-Gunetilleke-Director-Chief-Executive-Officer-at-Nations-Trust-Bank-LBN-Fill.jpg

– Healthy Revenue performance in the first six months resulting in 50% YoY growth in Operating Income – PBT of LKR4.6Bn and PAT of LKR 2.7Bn in 1H22 supporting further Capital formation – Tier I Capital at 12.24% and Total Capital Adequacy at 14.58%, well above regulatory levels – Exposure […]

May 31, 2022

Secured lending portfolio and management restructuring process yields early results Tuesday, May 31, 2022 – Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, has posted a Net Interest Income of LKR 1.35 Billion year to date (YTD) as at March 31,2022 recording a 146% Year-on-Year (YoY) increase despite the challenging […]

April 12, 2018

The export income from primary exports increased to US$ 454 million in 2017, up 39% from the US$ 326 million income in 2016, said Primary Industries Minister Daya Gamage. Speaking at the launch of the EU Technical assistance to the agriculture modernization project at Hotel Shangri-La in Colombo last week he said that this trend […]

Resilient ComBank maintains growth impetus in Q2 despite external pressures

JFS Holdings records highest ever net USD income for FY 2022/23

ComBank Group remains resilient in volatile first half of 2023

Nations Trust Bank PLC steers through Q3 2022 with strong performance

Nations Trust Bank PLC records steady performance in 1st half 2022 amidst challenging market conditions

Softlogic Finance Posts Record 146% Increase Year-on-Year in Net Interest Income

Primary export income increase to US$ 454 mn in 2017