Try GOLD - Free
Siyapatha Finance delivers strong financial performance in FY 2024
The Island
|April 11, 2025
Siyapatha Finance PLC announced a strong financial performance for the fiscal year 2024 with the highest recorded profit in Siyapatha history, reflecting its strategic expansion, prudent financial management, and resilience in a dynamic economic environment.
-
For the year ended 2024, Siyapatha Finance PLC recorded a net interest income of Rs. 4,534 million, marking a substantial increase from Rs. 3,121 million in 2023. This growth solidifies the company’s ability to optimize its interest-earning assets and maintain a strong net interest margin despite market fluctuations.
This story is from the April 11, 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
Trump announces three-day ceasefire in Russia-Ukraine war
SNS: The long-running war between Russia and Ukraine may see a brief pause soon, after United States President Donald Trump announced a proposed three-day ceasefire.
1 min
May 11, 2026
The Island
Showers likely to last for several days: Met Dept.
The Department of Meteorology has warned that the low-level atmospheric disturbance in the vicinity of Sri Lanka is likely to develop into a low-pressure area today (11), with prevailing showery conditions expected to continue over the next several days.
1 min
May 11, 2026
The Island
150th anniversary celebrations of Ave Maria Convent, Negombo
The Principal of Ave Maria Convent, Negombo, Rev.Sr Priyanganie Hathurusinghe, will unveil the official logo for the milestone 150th anniversary celebrations, at the school main hall, on 13th May, at 6 pm.Ave Maria Convent, Negombo, founded in the year 1875, with a vision to nurture minds and build up the character of young ladies, has stood up as a beacon of resilience for a century and a half. The jubilee will be celebrated together with the past principals and teachers, alumni, Welfare Board, etc.
1 min
May 11, 2026
The Island
State polls re-power Modi 3.0
This round of assembly elections in West Bengal, Assam, Tamil Nadu, Kerala and Puducherry has provided Indian Prime Minister Narendra Modi with significant strategic heft at a time when the leadership of most democracies is under stress and constrained by a restive, unpredictable, domestic polity.
2 mins
May 11, 2026
The Island
Passengers disembark cruise ship hit by hantavirus
Passengers yesterday began disembarking a cruise ship at the center of the hantavirus outbreak, according to Spain's Ministry of Health. All passengers still aboard the vessel were screened on Sunday and did not show symptoms.
1 min
May 11, 2026
The Island
Diversion of USD 2.5 million: COPF accused of shielding culprits
The Free Lawyers Organisation has accused the Committee on Public Finance (COPF) of attempting to shield those responsible for the diversion of USD 2.5 million from the Treasury to a rogue account.
1 min
May 11, 2026
The Island
Aligning graduate output with labour market needs: Why national policy intervention essential
The lack of a committed and competent workforce is no longer a routine managerial complaint in Sri Lanka; it has become a defining national problem.
6 mins
May 11, 2026
The Island
Navin calls for formal alliance between UNP and SJB
UNP Vice President and Kandy District Leader, Navin Dissanayake, on Saturday, stressed that any proposed merger between the UNP and the SJB must be carried out formally rather than in an ad hoc manner.
1 min
May 11, 2026
The Island
Treasury theft: Speaker's conduct brought to IPU's attention: SJB
SJB MP Dayasiri Jayasekera has sought the intervention of the Inter-Parliamentary Union (IPU) to pressure the JVP-NPP government to respect the rights of the Opposition.
2 mins
May 11, 2026
The Island
RTS Holdings' tea factories achieve zero carbon manufacturing certification
RTS Holdings has reached a significant milestone in Sri Lanka’s tea industry with its Hidellana and Avissawella Tea Factories being awarded the prestigious Zero Carbon Manufacturing Certification by The Sustainable Future Group, reinforcing its leadership in sustainable tea production.
1 min
May 11, 2026
Listen
Translate
Change font size