Orient Finance PLC has recorded top results for the quarter ended 31 December 2012 with income growing by 64 per cent to Rs. 216 million. The company announced that income for the 9-month period to 31 December 2012 also recorded a 70 per cent growth at Rs. 598.5 million against Rs. 352 million for the [...]

Feeds Editorials Times Online

The Sundaytimes Sri Lanka

Orient Finance lending rises despite drop in vehicle imports

View(s):

Orient Finance PLC has recorded top results for the quarter ended 31 December 2012 with income growing by 64 per cent to Rs. 216 million.

The company announced that income for the 9-month period to 31 December 2012 also recorded a 70 per cent growth at Rs. 598.5 million against Rs. 352 million for the same period of the previous year. The cumulative 9-month Profit After Tax was Rs. 127 million against Rs. 82 million in the previous year period.

The company increased its gross lending portfolio to Rs. 3.2 billion as at 31 December 2012, up from Rs. 1.8 billion earlier, despite the decrease in the overall demand for motor vehicles.




Share This Post

DeliciousDiggGoogleStumbleuponRedditTechnoratiYahooBloggerMyspace
comments powered by Disqus

Advertising Rates

Please contact the advertising office on 011 - 2479521 for the advertising rates.