Singer Finance (Lanka) PLC 2014 AR2
The report highlights Singer Finance (Lanka) PLC's performance and sustainability initiatives for the fiscal year 2013/14, celebrating a decade of operations. Despite a challenging environment in the leasing and finance sector, the company achieved a 4.7% profit growth, recording a net profit of Rs. 268 million. Its deposit base grew by 28.9% to Rs. 4.28 billion, and total assets expanded by 12.3% to Rs. 8.15 billion. The company successfully issued a Rs. 1.25 billion listed debenture to address asset-liability mismatches. On the sustainability front, the company focused on community support, employee development, and paper recycling initiatives.
Company: Singer Finance (Lanka) PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2014
Type: AR2
Pages: 152
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Singer Finance (Lanka) PLC
Annual Report
The report highlights Singer Finance (Lanka) PLC's performance and sustainability initiatives for the fiscal year 2013/14, celebrating a decade of operations. Despite a challenging environment in the leasing and finance sector, the company achieved a 4.7% profit growth, recording a net profit of Rs. 268 million. Its deposit base grew by 28.9% to Rs. 4.28 billion, and total assets expanded by 12.3% to Rs. 8.15 billion. The company successfully issued a Rs. 1.25 billion listed debenture to address asset-liability mismatches. On the sustainability front, the company focused on community support, employee development, and paper recycling initiatives.
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Document Details
Report Year
2014
Reporting Period
Apr 1, 2013 - Mar 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees