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L B Finance Plc (Sri Lanka)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Real Estate
Full name: L B Finance Plc Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

LB Finance Plc operates as a finance company in Sri Lanka. The company accepts deposits, including fixed deposits and certificates of deposit and offers leasing solutions for a range of vehicles/equipment, including private and commercial vehicles, machinery, three wheelers and motor bikes, agricultural equipment, trucks and trailers, and construction equipment. The company also provides hire purchase solutions for vehicles, pawning services, micro finance, and mortgage loans, term loans, and trade finance. In addition, the company involves in real estate development and related activities. The company operates a network of 75 pawning centers and 27 branches. LB Finance Plc was incorporated in 1971 and is headquartered in Colombo, Sri Lanka. As of October 25, 2010, LB Finance Ltd. operates as a subsidiary of Vallibel Finance Ltd.

Headquarters
No. 20, Dharmapala Mawatha
Colombo; Western Province; Postal Code: 3

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Website: http://www.lbfinance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1971
Key Executives
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Chairman
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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66.34%
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51.751%
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26.079%
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3.835%
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1.601%
Subsidiaries
The Fortress Resorts Plc
3.65%
Softlogic Finance Plc
Company Performance
Financial values in the chart are available after L B Finance Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net interest income
28.32%
Operating profit (EBIT)
30.6%
Net Profit (Loss) for the Period
13.55%
Total assets
11%
Total equity
14.52%
Total Assets Trend
0.13%
Net Interest Income Trend
24.75%
Loans to Deposits Ratio
29.46%
Loans to Asset Ratio
19.57%

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