Senkadagala Finance PLC 2023 AR2
The report highlights Senkadagala Finance PLC's performance during the challenging 2022/23 financial year, marked by macroeconomic upheaval in Sri Lanka. Despite a 51% decrease in profit for the year to LKR 445 million, the company maintained strong capital positions with a core capital ratio of 25.12% and a total capital ratio of 28.19%, well above regulatory requirements. The company expanded its reach by converting its remaining 20 service centres into fully-fledged branches, bringing its total network to 100 branches. Additionally, the company acquired a 35% stake in Senfin Securities Limited to expand its financial services portfolio.
Company: Senkadagala Finance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2023
Type: AR2
Pages: 298
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Senkadagala Finance PLC
Annual Report
The report highlights Senkadagala Finance PLC's performance during the challenging 2022/23 financial year, marked by macroeconomic upheaval in Sri Lanka. Despite a 51% decrease in profit for the year to LKR 445 million, the company maintained strong capital positions with a core capital ratio of 25.12% and a total capital ratio of 28.19%, well above regulatory requirements. The company expanded its reach by converting its remaining 20 service centres into fully-fledged branches, bringing its total network to 100 branches. Additionally, the company acquired a 35% stake in Senfin Securities Limited to expand its financial services portfolio.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
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
Employees