Commercial Credit and Finance reports successful Q3 2018
View(s):Commercial Credit and Finance PLC Group has recorded a strong performance for the quarter ending December 2018 with an un-audited profit attributable to shareholders of Rs. 808,425,246 as compared to Rs. 678,095,749 recorded in the quarter ending December 2017.
“The group recorded a growth of Rs. 130,392,497 in profit attributable to shareholders or 9 per cent in comparison to the corresponding period last year. The performance is commendable as it was achieved in a very challenging environment in the last quarter of 2018,” the company said in a media release.
The group’s performance for the nine months ending December 2018 also ended on a high note with Commercial Credit and Finance PLC Group recording a profit attributable to shareholders of Rs. 1,890,707,367 compared to Rs. 1,782,354,731 recorded as at end December 2017.
Chief Operating Officer Rajiv Casie Chitty of Commercial Credit and Finance PLC, said: “The main driving force behind Commercial Credit’s astronomical success has always been at the hands of our very dedicated workforce. We are truly humbled and elated that we were able to record such successful results. We are deeply committed to ensuring that our success reaches all stakeholders of the company.”