Singer Finance (Lanka) PLC 2012 AR2
The report highlights Singer Finance (Lanka) PLC's performance for the fiscal year 2011-2012, during which the company achieved significant growth, with net profit increasing by 101% to Rs. 225.6 million and total assets expanding by 53.6% to Rs. 6.78 billion. The company expanded its reach by opening a new branch in Ampara and service centers in Vavuniya and Malabe. Singer Finance maintained strong credit quality, recording one of the lowest non-performing loan ratios in the industry at 0.47%. Additionally, the company initiated its corporate social responsibility efforts, focusing on environmental conservation, supporting local schools with equipment, and promoting equal employment opportunities.
Company: Singer Finance (Lanka) PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2012
Type: AR2
Pages: 128
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Singer Finance (Lanka) PLC
Annual Report
The report highlights Singer Finance (Lanka) PLC's performance for the fiscal year 2011-2012, during which the company achieved significant growth, with net profit increasing by 101% to Rs. 225.6 million and total assets expanding by 53.6% to Rs. 6.78 billion. The company expanded its reach by opening a new branch in Ampara and service centers in Vavuniya and Malabe. Singer Finance maintained strong credit quality, recording one of the lowest non-performing loan ratios in the industry at 0.47%. Additionally, the company initiated its corporate social responsibility efforts, focusing on environmental conservation, supporting local schools with equipment, and promoting equal employment opportunities.
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Document Details
Report Year
2012
Reporting Period
Apr 1, 2011 - Mar 31, 2012
Fiscal Year
2012
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