Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Asia Asset Finance reports 128% PBT growth in 1Q
Daily FT
|August 22, 2025
ASIA Asset Finance PLC (AAF) said yesterday it reported a Profit before Tax (PBT) of Rs. 294.8 million in the first quarter of ending 30 June, up 123% from a year ago while Profit After Tax (PAT) grew 57% to Rs. 181 million.
-
“The significant growth in PBT demonstrates AAF’s ability to generate strong pretax earnings through revenue expansion and operational efficiency. Meanwhile, the healthy 57% rise in PAT reflects not only stronger operating performance but also effective management of operational costs and financing costs,” the company said in statement.
Building strong momentum across all its business segments, the company’s asset base reached Rs. 42 billion as it aims to cross the Rs. 50 billion mark in the near future.
Cette histoire est tirée de l'édition August 22, 2025 de Daily FT.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Daily FT
Daily FT
A new business platform: BELGOLUX-Sri Lanka Business Council launches in Brussels
SRI Lanka Embassy in Belgium inaugurated the BELGOLUX-Sri Lanka Business Council (BLSBC), a dynamic new platform designed to strengthen trade, investment, and economic cooperation among Sri Lanka, Belgium, and Luxembourg.
2 mins
November 28, 2025
Daily FT
UDA to lease Pettah Floating Market to Japanese investor for $ 160 m
THE Urban Development Authority (UDA) is moving ahead with plans to lease the Pettah Floating Market Complex to a Japanese investor in a deal valued at $ 160 million.
1 min
November 27, 2025
Daily FT
Sri Lanka have one more hurdle to clear to reach final
HAVING somewhat regained their form with a convincing nine-wicket win against Zimbabwe on Tuesday, Sri Lanka face their final hurdle when they confront hosts Pakistan today in what could be another door-die contest in the T20I Tri-Series in Rawalpindi.
2 mins
November 27, 2025
Daily FT
People's Bank posts Rs. 43.7 b PBT in 9M
PEOPLE'S Bank has reported a Profit Before Tax (PBT) of Rs. 43.7 September delivering the bestbillion for the nine months ended 30 2025, ever results in the institution's history.
3 mins
November 27, 2025
Daily FT
Sri Lanka must shift from volume to value to unlock full tourism potential: SLTDA Chairman
Highlights value gap and over-tourism pressures
3 mins
November 27, 2025
Daily FT
President to attend Sri Lanka Economic and Investment Summit 2025 on opening day
PRESIDENT Anura Kumara Dissanayake will attend the Sri Lanka Economic and Investment Summit 2025 on 2 December, during which he will join The Ceylon Chamber of Commerce Vice Chairperson Bingumal Thewarathanthri for an on-stage conversation aligned with the Summit's theme-'Gateway to Growth-Asia's Emerging Opportunity!
1 min
November 27, 2025
Daily FT
Tourism earnings to undershoot despite arrivals surge
SRI Lanka is bracing for lower-than-expected tourism earnings following a downward revision in the estimated daily spending of visitors by the Sri Lanka Tourism Development Authority (SLTDA), a key metric used to calculate the industry's contribution to the economy.
2 mins
November 27, 2025
Daily FT
Pent-up demand for vehicle imports stabilises - CBSL
CENTRAL Bank (CBSL) Governor Dr. Nandalal Weerasinghe yesterday said the surge in vehicle imports that followed the lifting of the five-year import suspension has now tapered off, with pent-up demand largely exhausted by November.
1 min
November 27, 2025
Daily FT
Reserves set to hit post-crisis high in December: CBSL Governor
CENTRAL Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe yesterday said Sri Lanka's gross official reserves are expected to climb to the highest level recorded since the height of the economic crisis by the end of December, whilst expressing confidence that the country will comfortably meet its reserves target under the International Monetary Fund (IMF) program.
1 mins
November 27, 2025
Daily FT
Apparel exports maintain momentum, up 6.1% in first 10 months of 2025 - JAAF
THE Joint Apparel Association Forum (JAAF) yesterday said apparel and made-up articles exports for January to October 2025 increased by 6.12% year-on-year (YoY), maintaining steady momentum despite weaker monthly results in October.
1 min
November 27, 2025
Listen
Translate
Change font size