Central Finance Co PLC 2016 AR2
The report highlights Central Finance Company PLC's financial and operational performance for the fiscal year ended March 31, 2016. Despite a challenging second half marked by regulatory changes and vehicle import duty revisions, the group achieved a profit after tax of Rs. 4.10 billion, representing a 9.85% increase from the previous year. The company successfully managed its asset quality, reducing its gross non-performing loans ratio to 3.86%. On the sustainability front, the company expanded its 'Sisu Athwela' scholarship programme to support underprivileged students and continued its environmental initiatives, including recycling over 21,000 kg of waste paper and installing a solar net metering system.
Company: Central Finance Co PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 172
Back to company
Central Finance Co PLC
Annual Report
The report highlights Central Finance Company PLC's financial and operational performance for the fiscal year ended March 31, 2016. Despite a challenging second half marked by regulatory changes and vehicle import duty revisions, the group achieved a profit after tax of Rs. 4.10 billion, representing a 9.85% increase from the previous year. The company successfully managed its asset quality, reducing its gross non-performing loans ratio to 3.86%. On the sustainability front, the company expanded its 'Sisu Athwela' scholarship programme to support underprivileged students and continued its environmental initiatives, including recycling over 21,000 kg of waste paper and installing a solar net metering system.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees