Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
LOLC Finance reports robust half-year results with Rs. 14 Billion Profit After Tax
The Island
|November 14, 2025
LOLC Finance PLC, Sri Lanka's largest and most profitable non-bank financial institution (NBFI), delivered a strong performance for the six months ended 30th September 2025, reflecting steady growth across key business lines and improved profitability amid a competitive operating environment.
-
LOLC Finance ended period under review with a strong Profit After Tax of Rs.14 billion, marking a 72% year-on-year growth from Rs. 8.1 billion in the corresponding period of the previous year. The strong earnings performance was underpinned by higher net interest income, effective cost management, and a significant reduction in impairment charges.
This story is from the November 14, 2025 edition of The Island.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Island
The Island
'Imran Khan is fully healthy': Pakistan jail rubbishes health rumours
The Adiala Jail administration on Wednesday dismissed rumours and confirmed that former Pakistan prime minister Imran Khan remains inside the Rawalpindi prison, and is in good health.
2 mins
November 28, 2025
The Island
Personal journey of nurturing talent
Education is not the learning of facts, but the training of the mind to think, said Albert Einstein.
3 mins
November 28, 2025
The Island
Sri Lanka Climate Fund ‘well c on track to achieve Rs 51 million annual income target’
Sri Lanka’s leading exporters are accelerating their climate compliance efforts as global markets tighten environmental regulations, with the Sri Lanka Climate Fund (SLCF) reporting its strongest surge yet in greenhouse gas verification, carbon credit certification and sustainability advisory services.
2 mins
November 28, 2025
The Island
Country grapples with one of its worst weather disasters
The country is grappling with one of its worst weather disasters in recent years.
2 mins
November 28, 2025
The Island
Rare Earths: A neglected resource with enormous economic potential for SL
Rare earth elements are the \"vitamins\" of modern industry. These possess unique magnetic, catalytic and other properties which play important roles in mobile phones, laptops, medical equipment and electric cars.
3 mins
November 28, 2025
The Island
Entire Gangoda village buried in landslide as heavy rains devastate Kandy District
An entire village known as Gangoda in Ududumbara was buried under earth following a massive landslide triggered by ongoing heavy rains, leaving dozens of residents missing and several dead, authorities said.
1 min
November 28, 2025
The Island
SSC gets floodlights as five World Cup games are set for Maitland Place
A new chapter will be written at Maitland Place as the Sinhalese Sports Club, long seen as Sri Lanka's premier cricket venue, prepares for life under lights.
1 mins
November 28, 2025
The Island
Asian Paints Causeway unveils new improved CLASSIQUE GLO
Asian Paints Causeway, one of Sri Lanka’s leading decorative coatings brands, proudly announced the relaunch of its premium interior emulsion, Classique GLO, at a series of dealer events held across the island under the theme “The Uprising — Together for a GLO’rious Future”.
1 min
November 28, 2025
The Island
Safety during thunderstorms
When thunder rolls and the sky cracks open with lightning, it can feel thrilling — but that flash in the sky carries danger.
2 mins
November 28, 2025
The Island
President instructs authorities to get cracking with rescue and relief measures
President Anura Kumara Dissanayake has called on security forces, government officials, and Members of Parliament to prioritise public safety and accelerate relief operations as Sri Lanka faces severe weather risks.
1 min
November 28, 2025
Listen
Translate
Change font size