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Abans Finance achieves 344% growth to reach Rs. 951 m PBT in FY25
Daily FT
|July 02, 2025
ABANS Finance PLC has reported outstanding financial results for the year ending 31 March, reinforcing its status as a resilient and growth-oriented member in Sri Lanka's non-banking financial services sector:
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In a statement, the company said it recorded a total income of Rs. 3.46 billion, a significant increase from Rs. 2.86 billion in the previous financial year. This 21% year-on-year growth was primarily fuelled by enhanced lending operations and asset portfolio expansion, which resulted in interest income rising to Rs. 3.03 billion from Rs. 2.61 billion. The company's net interest income surged by 73% to reach Rs. 2.09 billion, up from Rs. 1.21 billion the previous year, reflecting effective risk management strategies and an improved cost-of-funds position. This strong income growth laid the foundation for an equally impressive rise in profitability.
Diese Geschichte stammt aus der July 02, 2025-Ausgabe von Daily FT.
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