LB Finance PLC 2018 AR2
The report highlights L B Finance PLC's financial and sustainability performance for the fiscal year 2017/18. The company achieved its highest-ever profit before tax of Rs. 6.48 billion and expanded its total asset base to Rs. 120.82 billion. Notably, L B Finance became certified as a carbon-neutral company and successfully launched its first offshore microfinance operation in Myanmar. The company also maintained its gross non-performing loans ratio at 2.37%, significantly below the industry average of 5.9%.
Company: LB Finance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2018
Type: AR2
Pages: 452
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LB Finance PLC
Annual Report
The report highlights L B Finance PLC's financial and sustainability performance for the fiscal year 2017/18. The company achieved its highest-ever profit before tax of Rs. 6.48 billion and expanded its total asset base to Rs. 120.82 billion. Notably, L B Finance became certified as a carbon-neutral company and successfully launched its first offshore microfinance operation in Myanmar. The company also maintained its gross non-performing loans ratio at 2.37%, significantly below the industry average of 5.9%.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees