First Capital firms up in 3Q-2024-25
View(s):First Capital Holdings PLC, has reported a Total Comprehensive Income of Rs.4.53 billion for the nine months ending December 31, 2024, demonstrating its ability to capitalise on market opportunities and drive sustained growth.
While last year’s bottom-line result of Rs.9.35 billion was bolstered by extraordinary gains from falling interest rates and post-domestic debt optimisation, the group continues to showcase its financial strength and strategic execution, it said in a media release.
The group’s Net Income before Operating Expenses for the review period was Rs 7.69 billion, compared to Rs.17.90 billion reported in the corresponding period of the previous year.
Dilshan Wirasekara, Managing Director/CEO of First Capital Holdings PLC, said: “Our performance amidst shifting market conditions reflects our strategic foresight and execution excellence. While last year’s gains were exceptional, we continue to drive sustainable growth and capitalise on emerging opportunities across our diverse business divisions. We remain committed to prudent risk management and innovative solutions, ensuring long-term value for our stakeholders and continued success in the evolving financial landscape.”
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