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Mercantile Investments And Finance Plc (Sri Lanka)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Rental and Leasing Services
Full name: Mercantile Investments And Finance Plc Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Mercantile Investments Plc operates as a licensed finance company under the provisions of the Finance Companies (Act No: 78 of 1988), mangaging by the Monetary Board of the Central Bank of Sri Lanka as an authorized Finance Company to accept deposits from the public. The servicesinclude leasing, hire purchase financing, advances, and deposits. The company was incorporated in 1964 and is based in Colombo.

Headquarters
No. 236, Galle Road
Colombo; Western Province; Postal Code: 3

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Website: http://www.mi.com.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
June 15, 1964
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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16.12%
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16.12%
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5.53%
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1.37%
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1.37%
Subsidiaries
The Nuwara Eliya Hotels Company Plc
26.12%
Tangerine Beach Hotels Plc
19.5%
Royal Palms Beach Hotels Plc
17.15%
Company Performance
Financial values in the chart are available after Mercantile Investments And 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
60.1%
Operating profit (EBIT)
175.65%
Net Profit (Loss) for the Period
424.09%
Total assets
11.77%
Total equity
10.43%
Total Assets Trend
10.44%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
2.34%
Loans to Asset Ratio
2.99%

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