Softlogic Finance PLC 2018 AR2
The report highlights Softlogic Finance PLC's performance and strategic transition during the 2017/2018 fiscal year. Facing macroeconomic challenges and a volatile economy, the company reengineered its business model to focus on collateralised lending, such as leasing and gold loans, and launched the 'Atha Hitha' small business loan product. The company achieved a 104% year-on-year growth in its net leasing portfolio and a 52% growth in its gold loan portfolio. Additionally, the company expanded its 'Clean Zone' environmental initiative to promote waste management and community education across its branch network.
Company: Softlogic Finance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2018
Type: AR2
Pages: 228
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Softlogic Finance PLC
Annual Report
The report highlights Softlogic Finance PLC's performance and strategic transition during the 2017/2018 fiscal year. Facing macroeconomic challenges and a volatile economy, the company reengineered its business model to focus on collateralised lending, such as leasing and gold loans, and launched the 'Atha Hitha' small business loan product. The company achieved a 104% year-on-year growth in its net leasing portfolio and a 52% growth in its gold loan portfolio. Additionally, the company expanded its 'Clean Zone' environmental initiative to promote waste management and community education across its branch network.
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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 Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees