LB Finance posts 72% quarter profit growth

Financial Times

LB Finance posts 72% quarter profit growth

LB Finance says its profit growth rose by 72% for the second quarter to September 30, sharply up from last year’s corresponding period.

Financial results also showed a 78% increase in interest income to Rs.836 million from Rs. 470 million earlier, the company said in a statement.

Total assets have risen from Rs.10.7 billion as at March 31, 2008 to Rs.13.8 billion in September.

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