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Singer Finance (Lanka) Plc (Sri Lanka)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Rental and Leasing Services
Full name: Singer Finance (Lanka) Plc Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Singer Finance (Lanka) PLC, located in Colombo, Sri Lanka, was incorporated on 19th April 2004. It operates as a finance leasing entity under the provisions of the Finance Companies Act. The company's main focus is on financing capital goods, agricultural equipment, and various products marketed by Singer Sri Lanka, as well as their own products. Singer Finance aims to become the leading finance company in Sri Lanka. It emphasizes providing useful and ethical financial services to customers and building lasting relationships. The company benefits from synergies with Singer Sri Lanka, sharing shop space and leveraging each other's expertise to save costs, boost market growth, and drive innovation. Singer Finance has demonstrated stability through steady business growth and a low non-performing loans ratio. It differentiates itself through its service, which is characterized by trust, innovation, convenience, and empathy. The company also prioritizes the welfare of its employees and maintains strong relationships with suppliers, the government, and shareholders.

Headquarters
No. 498, R.A De Mel Mawatha
Colombo; Western Province;

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Website: http://www.singerfinance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2004
Key Executives
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Chief Executive Officer
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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
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Director/Member of the Board
Ownership Details
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79.93%
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1.7%
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1.57%
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1.56%
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0.8%
Company Performance
Financial values in the chart are available after Singer Finance (Lanka) 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
6.34%
Operating profit (EBIT)
-2.31%
Net Profit (Loss) for the Period
-1.18%
Total assets
14.54%
Total equity
4.8%
Total Assets Trend
8.97%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-3.5%
Loans to Asset Ratio
-0.44%

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