ranking of listed finance companies in sri lanka
TRANSCRIPT
Ranking of
Listed Finance
Companies in
Sri Lanka
K SEEDS INVESTMENTS
1st Quarter 2019
Issue 1 | September 2019
Contents
Categorization of Licensed
Financial Companies
Ratings
Directions, Circulars and
Guidelines for Non-Banking
Licensed Financial Companies
News and Announcements
Share Price Details
Annexure
1
5
2
30
31
34
40
Category 1
Category 3 Category 4
Category 2
Asset Base >
100 Bn
Asset Base
Between
20 – 100 Bn
Asset Base
Between
10 – 20 Bn
Asset Base <
10 Bn
Basis of Categorization
of LFCs
2
Categorization of LFCs
for Analysis
Category 1
• LOLC Finance (LOFC)
• People's Leasing & Finance (PLC)
• LB Finance Central Finance (LFIN)
• Central Finance (CFIN)
Category 2
• Citizens Development Business Finance (CDB)
• Commercial Credit and Finance (COCR)
• Commercial Leasing & Finance (CLC)
• Vallibel Finance (VFIN)
• Mercantile Investments & Finance (MERC)
• Siyapatha Finance (SLFL)
• Merchant Bank of Sri Lanka & Finance (MBSL)
• Senkadagala Finance (SFCL)
• Alliance Finance (ALLI)
• Softlogic Finance (CRL)
• Singer Finance (SFIN)
3
Category 3
• Arpico Finance (ARPI)
• Orient Finance (BFN)
• LOLC Development Finance (NIFL)
• Asia Asset Finance(AAF)
• Trade Finance (TFIL)
• AMW Capital Leasing & Finance (AMCL)
Category 4
• Bimputh Finance (BLI)
• Nation Lanka Finance (CSF)
• Abans Finance (AFSL)
• Associated Motor Finance (AMF)
• Sinhaputhra Finance (SFL)
• Prime Finance (GSF)
• People's Merchant Finance (PMB)
• Dialog Finance (CALF)
• Multi Finance (MFL)
• Swarnamahal Financial Services (SFS)
4
Basis of Ranking
Ranking has been arrived at based on the following
ratios and KPIs
• Cost/Income Ratio (Excluding Impairment)
• Net Profit Margin
• Impairment to Loan Book
• Return on Equity
• Return on Assets
• Net Interest Margin
• Deposit Growth
• Net Profit Growth
5
Ranking for
Category 1
6
1
2
3
4
LB Finance (LB)
Central Finance (CF)
LOLC Finance (LOLC)
People’s Leasing and
Finance (PLC)
7
40.752%
34.574%
55.73%
31.56%
0.000%
10.000%
20.000%
30.000%
40.000%
50.000%
60.000%
PLC LB LOLC CF
Cost to IncomeCost to Income
Cost / Income Ratio =
Operating Cost / Operating Income (Net of
Interest Expense)
PLC 40.75%
LB 34.57%
LOLC 55.73%
CF 31.56%
Return on Assets
1.12%
3.29%
1.50%
2.89%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
PLC LB LOLC CF
Return on Assets
PLC 1.12%
LB 3.29%
LOLC 1.50%
CF 2.89,%
Return on Assets =
Profit After Tax / Average Assets
18
Return on Equity
Net Profit Margin
Return on Equity =
Profit After Tax / Average Equity
PLC 6.60%
LB 23.21%
LOLC 13.48%
CF 8.68%
6.60%
23.21%
13.48%
8.68%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
PLC LB LOLC CF
Return on Equity
Net Profit Margin =
Profit After Tax / Operating Income
PLC 5.79%
LB 14.70%
LOLC 8.05%
CF 13.74%
5.79%
14.70%
8.05%
13.74%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
14.00%
16.00%
PLC LB LOLC CF
Net Profit Margin
9
2.56%
3.34% 3.28%
3.97%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
PLC LB LOLC CF
Net Intrest Margin
Net Interest Margin
Impairment to Loan Book
Net interest Margin =
Net interest / Average Interest Bearing
Assets
PLC 2.56%
LB 3.34%
LOLC 3.28%
CF 3.97%
Impairment / Loan Book Ratio =
Impairment / Average Loans
PLC 0.86%
LB 0.31%
LOLC 0.37%
CF 1.24%
0.86%
0.31%0.37%
1.24%
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
1.40%
PLC LB LOLC CF
Impairment to Loan Book
10
Profit Growth
Deposit Growth
Net Profit Growth =
(Net profit 1Q2019 / Net profit
1Q2018) -1
1Q2018 1Q2019
PLC 820,000,000 480,000,000
LB 1,158,655,000 1,135,200,000
LOLC 851,096,000 792,552,000
CF 1,126,966,000 735,185,000
0
200,000,000
400,000,000
600,000,000
800,000,000
1,000,000,000
1,200,000,000
1,400,000,000
PLC LB LOLC CF
Profit Growth
Series1 Series2
Deposit QOQ =
(Deposit base 1Q2019 /
Deposits 4Q2018) -1
4Q2018 1Q2019
PLC88,369,000,000 95,792,000,000
LB83,214,949,000 85,038,452,000
LOLC115,365,141,000 117,626,631,000
CF45,669,738,000 48,980,987,000
0
20,000,000,000
40,000,000,000
60,000,000,000
80,000,000,000
100,000,000,000
120,000,000,000
140,000,000,000
PLC LB LOLC CF
Deposit Growth
Series1 Series2
11
1Q2019 1Q2018
4Q20181Q2018
Ranking for
Category 2
12
4
1
2
3
6
7
5
11
10
9
8
Vallibel Finance (VFIN)
Commercial Credit and Finance (COCR)
Commercial Leasing & Finance (CLC)
Citizens Development Business Finance
(CDB)
Singer Finance (SFIN)
Softlogic Finance (CRL)
Senkadagala Finance (SFCL)
Mercantile Investments & Finance (MERC)
Merchant Bank of Sri Lanka (MBSL)
Siyapatha Finance (SLFL)
Alliance Finance (ALLI)
13
Cost to Income
Return on Equity
Cost / Income Ratio =
Operating Cost / Operating Income (Net of Interest
Expense)
CDB 54.95%
COCR 58.27%
CLC 47.23%
VFIN 41.50%
MERC 59.64%
MBSL 106.57%
SFCL 7.97%
ALLI 50.82%
CRL 82.23%
SFIN 57.14%
SLFL 39.72%
54.95%58.27%
47.23%41.50%
59.64%
106.57%
35.68%
50.82%
82.23%
57.14%
39.72%
0.00%
20.00%
40.00%
60.00%
80.00%
100.00%
120.00%
CDB COCR CLC VFIN MERC MBSL SFCL ALLI CRL SFIN SLFL
Cost To Income
Series1
CDB 11.03%
COCR 12.93%
CLC 5.64%
VFIN 19.94%
MERC 3.72%
MBSL -5.92%
SFCL -4.93%
ALLI 5.12%
CRL 5.63%
SFIN 5.48%
SLFL 6.78%
11.03%12.93%
5.64%
19.94%
1.03%
-5.92%-4.93%
5.12% 5.63% 5.48%6.78%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
CDB COCR CLC VFIN MERC MBSL SFCL ALLI CRL SFIN SLFL
Return On Equity
Series1
Return on Equity =
Profit After Tax / Average Equity
14
1.23%
2.00%
1.43%
2.46%
0.22%
-0.38%
-0.71%
0.73%0.49%
0.97%
0.63%
-1.00%
-0.50%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
CDB COCR CLC VFIN MERC MBSL SFCL ALLI CRL SFIN SLFL
Return On Assets
Series1
Return on Assets
Net Profit Margin
Return on Assets =
Profit After Tax / Average Assets
CDB 6.86%
COCR 8.78%
CLC 6.94%
VFIN 11.50%
MERC 4.21%
MBSL -2.19%
SFCL -3.61%
ALLI 3.12%
CRL 2.59%
SFIN 4.28%
SLFL 3.24%
6.86%
8.78%
6.94%
11.50%
1.17%
-2.19%
-3.61%
3.12% 2.59%
4.28%3.24%
-6.00%
-4.00%
-2.00%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
14.00%
CDB COCR CLC VFIN MERC MBSL SFCL ALLI CRL SFIN SLFL
Net Profit Margin
Series1
Net Profit Margin =
Profit After Tax / Operating Income
15
6.86%
8.78%
6.94%
11.50%
1.17%
-2.19%
-3.61%
3.12% 2.59%
4.28%3.24%
-6.00%
-4.00%
-2.00%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
14.00%
CDB COCR CLC VFIN MERC MBSL SFCL ALLI CRL SFIN SLFL
Net Profit Margin
Series1
CDB 1.23%
COCR 2.00%
CLC 1.43%
VFIN 2.46%
MERC 0.78%
MBSL -0.38%
SFCL -0.71%
ALLI 0.73%
CRL 0.49%
SFIN 1.89%
SLFL 0.63%
Impairment to Loan Book
Net Interest Margin
CDB 2.53%
COCR 2.53%
CLC 4.07%
VFIN 0.85%
MERC 2.02%
MBSL 1.35%
SFCL 4.23%
ALLI 4.73%
CRL 0.22%
SFIN 2.73%
SLFL 0.93%
0.63% 0.63%
1.02%
0.21%
0.51%
0.34%
1.06%
1.18%
0.06%
0.68%
0.93%
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
1.40%
CDB COCR CLC VFIN MERC MBSL SFCL ALLI CRL SFIN SLFL
Impairment to loan Book
Series1Impairment / Loan Book Ratio =
Impairment / Average Loans
CDB 2.04%
COCR 3.20%
CLC 2.86%
VFIN 2.28%
MERC 2.77%
MBSL 1.42%
SFCL 12.19%
ALLI 3.71%
CRL 1.78%
SFIN 3.17%
SLFL 1.91%
2.04%
3.21%
2.84%
2.30%
2.77%
1.42%
2.63%
3.72%
1.79%
3.17%
1.91%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
CDB COCR CLC VFIN MERC MBSL SFCL ALLI CRL SFIN SLFL
Net Intrest Margin
Net Interest Margin =
Net Interest / Average Interest Bearing Assets
16
Deposit Growth
Profit Growth
0
10,000,000,000
20,000,000,000
30,000,000,000
40,000,000,000
50,000,000,000
60,000,000,000
Deposit Growth
Series1
Series2
-200,000,000
-100,000,000
0
100,000,000
200,000,000
300,000,000
400,000,000
500,000,000
600,000,000
Profit Growth
Series1
Series2
Deposit QOQ =
(Deposit base 1Q2019 /Deposits 4Q2018) - 1
Net Profit Growth =
(Net profit 1Q2019 / Net profit 1Q2018) - 1
2019
2019 2018CDB 46,210,190,000 47,236,367,000
COCR 50,929,192,765 51,908,367,338CLC 24,690,456,000 24,315,717,000VFIN 27,335,875,000 25,436,258,000
MERC 20,663,887,000 21,176,433,000MBSL 22,927,307,000 21,234,288,000SFCL 10,607,275,774 10,008,976,046ALLI 12,489,542,099 12,493,682,808CRL 17,271,843,362 17,115,400,246SFIN 6,727,114,000 6,095,816,000SLFL 13,095,739,000 12,263,181,000
2019 2018
CDB 274,507,000 320,746,000
COCR 400,343,172 470,473,795
CLC 249,131,000 503,771,000
VFIN 274,705,000 263,924,000
MERC 22,222,000 132,179,000
MBSL -35,790,000 -128,493,000
SFCL -63,907,133 112,966,805
ALLI 58,526,171 129,234,759
CRL 27,169,667 30,049,306
SFIN 49,026,000 117,640,000
SLFL 62,181,000 144,213,000
2018
2019
2018
Ranking for
Category 3
18
4
1
2
3
6
5
Trade Finance (TFIL)
AMW Finance (AMCL)
Asia Asset Finance (AAF)
Arpico Finance (ARPI)
LOLC Development Finance (NIFL)
Orient Finance (BFN)
19
-19.92%
15.00%
0.16%
4.70%
23.05%
12.93%
-25.00%
-20.00%
-15.00%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
BFN ARPI NIFL AAF TFIL AMCL
Return on Equity
Cost to Income
Return on Equity
70.69%
40.10%
75.33%
67.94%
31.60%
39.51%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
BFN ARPI NIFL AAF TFIL AMCL
Cost to Income
BFN -19.92%
ARPI 15.00%
NIFL 0.16%
AAF 4.70%
TFIL 23.05%
AMCL 12.93%20
Cost / Income Ratio =
Operating Cost / Operating Income
(Net of Interest expense)
Return on Equity =
Profit After Tax / Average Equity
BFN 70.69%
ARPI 40.10%
NIFL 75.33%
AAF 67.94%
TFIL 31.60%
AMCL 39.51%
Return on Assets
Net Profit Margin
BFN -12.48%
ARPI 6.72%
NIFL 0.11%
AAF 3.13%
TFIL 14.26%
AMCL 13.52%
-12.48%
6.72%
0.11%
3.13%
14.26% 13.52%
-15.00%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
BFN ARPI NIFL AAF TFIL AMCL
Net Profit Margin
BFN -2.41%
ARPI 1.54%
NIFL 0.03%
AAF 0.71%
TFIL 3.85%
AMCL 2.79%
-2.41%
1.54%
0.03%
0.71%
3.85%
2.79%
-3.00%
-2.00%
-1.00%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
BFN ARPI NIFL AAF TFIL AMCL
Return on Assets
21
Return on Assets =
Profit After Tax / Average Assets
Net Profit Margin =
Profit After Tax / Operating Income
5.75%
2.90%
4.38%
2.83%
5.52%
1.28%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
BFN ARPI NIFL AAF TFIL AMCL
Impairment to loan BookImpairment to Loan Book
Net Interest Margin
BFN 2.06%
ARPI 1.90%
NIFL 5.01%
AAF 2.86%
TFIL 3.78%
AMCL 2.31%
BFN 5.75%
ARPI 2.09%
NIFL 4.38%
AAF 2.83%
TFIL 5.52%
AMCL 1.28%
2.06% 1.90%
5.01%
2.86%
3.78%
2.31%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
BFN ARPI NIFL AAF TFIL AMCL
Net Interest Margin
22
Impairment / Loan Book Ratio =
Impairment / Average Loans
Net Interest Margin =
Net Interest / Average Interest Bearing Assets
Deposit Growth
Profit Growth
1Q2019 4Q2018
BFN -103,236,483 -21,252,724
ARPI 59,476,000 128,302,000
NIFL 1,045,000 74,901,000
AAF 25,014,301 16,043,398
TFIL 104,406,992 137,388,071
AMCL 80,446,706 82,849,573
-150,000,000
-100,000,000
-50,000,000
0
50,000,000
100,000,000
150,000,000
BFN ARPI NIFL AAF TFIL AMCL
Net profit QOQ
1Q2019
1Q2018
1Q2019 4Q2018
BFN 10,128,208,476 11,601,144,821
ARPI 8,794,157,000 8,695,369,000
NIFL 2,721,741,000 4,867,932,000
AAF 6,182,130,813 6,240,138,763
TFIL 2,170,489,070 2,131,348,090
AMCL 2,229,825,059 2,538,274,881
0
2,000,000,000
4,000,000,000
6,000,000,000
8,000,000,000
10,000,000,000
12,000,000,000
BFN ARPI NIFL AAF TFIL AMCL
Deposit Growth
1Q2019
4Q2018
23
Deposit QOQ =
(Deposit base 1Q2019 /Deposits 4Q2018) - 1
Net Profit Growth =
(Net profit 1Q2019 / Net profit 1Q2018) - 1
Ranking for
Category 4
24
4
1
2
3
5
Nation Lanka Finance PLC (CSF)
Abans Finance PLC (AFSL)
Sinhaputra Finance (SFL)
Prime Finance (GSF)
Swarnamahal Finance PLC (SFS)
Associated Motor Finance (AMF)6
7
8
9
10
People’s Merchant Finance (CSF)
Dialog Finance (CALF)
Bimputh Finance (BLI)
Multi Finance (MLF)
NoteIn terms of Section 8.5 of CSE listing rules,Sinhaputhra Finance has received a notice of
cancellation of the license granted to carry on finance business under Finance Business
Act No 42 of 2011.
Cost to Income
Return on Equity
Cost / Income Ratio =
Operating Cost / Operating Income (Net of Interest Expense)
107.52%
127.22%
86.60%
41.72%
81.86%
48.96%
63.76%
108.23%103.12%
123.10%
0.00%
20.00%
40.00%
60.00%
80.00%
100.00%
120.00%
140.00%
SFS MFL PMB GSF SFL AFSL AMF BLI CSF CALF
Cost to Income
1.84%
-26.01%
-6.10%
2.62% 4.17%2.01% 1.42%
-45.25%
12.27%
-12.02%
-50.00%
-40.00%
-30.00%
-20.00%
-10.00%
0.00%
10.00%
20.00%
SFS MFL PMB GSF SFL AFSL AMF BLI CSF CALF
Return on Equity
Return on Equity =
Profit After Tax / Average Equity
26
SFS 1.84%
MFL -26.01%
PMB -6.10%
GSF 2.62%
SFL 4.17%
AFSL 2.01%
AMF 1.42%
BLI -45.25%
CSF 12.27%
CALF -12.02%
SFS 107.52%
MFL 127.22%
PMB 86.60%
GSF 41.72%
SFL 81.86%
AFSL 48.96%
AMF 63.76%
BLI 108.23%
CSF 103.12%
CALF 123.10%
Return on Assets
Net Profit Margin
-1.43%
-11.99%
-2.39%
0.74% 0.58% 0.35% 0.23%
-5.54%
1.53%
-15.17%
-18.00%
-16.00%
-14.00%
-12.00%
-10.00%
-8.00%
-6.00%
-4.00%
-2.00%
0.00%
2.00%
4.00%
SFS MFL PMB GSF SFL AFSL AMF BLI CSF CALF
Return on Assets
-5.15%
-69.08%
-12.47%
3.48% 3.52% 1.45% 1.24%
-25.47%
6.58%
-51.21%
-80.00%
-70.00%
-60.00%
-50.00%
-40.00%
-30.00%
-20.00%
-10.00%
0.00%
10.00%
20.00%
SFS MFL PMB GSF SFL AFSL AMF BLI CSF CALF
Net Profit Margin
24
Return on Assets =
Profit After Tax / Average Assets
Net Profit Margin =
Profit After Tax / Operating Income
SFS -5.15%
MFL -69.08%
PMB -12.47%
GSF 3.48%
SFL 3.52%
AFSL 1.45%
AMF 1.24%
BLI -25.47%
CSF 6.58%
CALF -51.21%
SFS -1.43%
MFL -11.99%
PMB -2.39%
GSF 0.74%
SFL 0.58%
AFSL 0.35%
AMF 0.23%
BLI -5.54%
CSF 1.53%
CALF -15.17%
Impairment to Loan Book
Net Interest Margin
0.30%
11.60%
5.20%
6.49%
0.20%
6.74%
0.87%
6.57%
3.36%
11.41%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
14.00%
SFS MFL PMB GSF SFL AFSL AMF BLI CSF CALF
Impairment to loan book
4.70%
2.97% 3.01% 3.07%
1.57%
3.34%
0.66%
2.50%
3.77%
4.76%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
SFS MFL PMB GSF SFL AFSL AMF BLI CSF CALF
Net Interest Margin
28
Impairment / Loan Book Ratio =
Impairment / Average Loans
Net Interest Margin =
Net Interest / Average Interest Bearing Assets
SFS 0.30%
MFL 11.60%
PMB 5.20%
GSF 6.49%
SFL 0.20%
AFSL 6.74%
AMF 0.87%
BLI 6.57%
CSF 3.36%
CALF 11.41%
SFS 4.70%
MFL 2.97%
PMB 3.01%
GSF 3.07%
SFL 1.57%
AFSL 3.34%
AMF 0.66%
BLI 2.50%
CSF 3.77%
CALF 4.76%
Deposit Growth
Profit Growth
1Q2018 1Q2019
SFS (5,373,683) (40,245,489)
MFL (43,863,614) (1,166,159)
PMB (20,189,000) 3,422,000
GSF 10,550,066 29,683,767
SFL 9,857,782 13,542,043
AFSL 7,732,218 18,386,296
AMF 4,286,947 (4,335,824)
BLI (128,737,467) 60,111,479
CSF 34,052,000 19,177,000
CALF (46,600,000) 3,912,665
-150,000,000
-100,000,000
-50,000,000
0
50,000,000
100,000,000
SFS MFL PMB GSF SFL AFSL AMF BLI CSF CALF 1Q2019
1Q2018
4Q2018 1Q2019
SFS 2,391,556,294 2,389,472,931
MFL 701,404,842 660,625,888
PMB 2,447,847,000 2,438,729,000
GSF 2,712,187,123 2,746,322,013
SFL 5,128,543,930 5,200,880,599
AFSL 5,826,762,523 5,792,966,524
AMF 4,936,652,954 4,914,785,274
BLI 2,029,508,551 1,960,810,565
CSF 6,991,638,000 7,155,318,000
CALF 668,512,000 632,209,000
0
1,000,000,000
2,000,000,000
3,000,000,000
4,000,000,000
5,000,000,000
6,000,000,000
7,000,000,000
8,000,000,000
SFS MFL PMB GSF SFL AFSL AMF BLI CSF CALF
Deposits QOQ
1Q2019
4Q2018
29
Deposit QOQ =
(Deposit base 1Q2019 /Deposits 4Q2018) - 1
Net Profit Growth =
(Net profit 1Q2019 / Net profit 1Q2018) - 1
Directions, Circulars and Guidelines
for Non-Banking Licensed Financial
Companies
• 18.07.2019 Explanatory Note No. 1 of 2019 Interpretations for Circular No.01 of 2019 on Concessions Granted to Tourism Industry
• 04.06.2019 Finance Business Act Direction No. 2 of 2019 Amendments to Directions on Loan to Value Ratios for Credit Facilities Granted in Respect of Motor Vehicles
• 31.05.2019 Regulations No. 01 of 2019 Priority of Claims in a winding up of Finance Company
• 21.05.2019 Circular No. 1 of 2019 Concessions Granted to Tourism Industry
• 26.04.2019 Finance Business Act Direction No. 1 of 2019 Maximum Interest Rates on Deposits and Debt Instruments
30
News and
Announcements
31
Company Ticker Date Announcement
Senkadagala Finance SFCL 12th April 2019 Cash Dividend - Final Dividend - Rs 0.60 per share
Alliance Finance ALLI 28th June 2019 Cash Dividend - Final Dividend - Rs 1.00 per share
Softlogic Finance CRL 06th April 2019 Private Placement of shares 2019
Arpico Finance ARPI 24th May 2019 Corporate Disclosure - Arpico Finance Company PLC - Change in Rating
People's Merchant Finance PLC PMB 08th May 2019 Corporate Disclosure - The Company Take-overs and Mergers
10th May 2019Corporate Disclosure - (01) Background to the Offer (02) Terms & Condition of offer (03) The Offeror (04) The Existing shareholding in the offeree (05) Furthur details of the Offer
13th June 2019Corporate Disclosure - Mandatory offer by Sterling Capital Investments (Private) Limited to Purchase all the remaining issued and paid up ordinary voting shares of People's Merchant Finance
28th June 2019MANDATORY OFFER BY STERLING CAPITAL INVESTMENTS (PRIVATE) LIMITED TO ACQUIRtr ALL THE REMAINING ORDINARY SHARES OF PEOPLE'S MERCHANT FINANCE
Dialog Finance CALF 11th April 2019 Right Issue - 2019 Fianl figures in respect of the application processed
26th April 2019 Right Issue - Notification on the Listing of Shares
Swarnamahal Financial Services PLC SFS 07th May 2019 Corporate Disclosure - Sale of Subsidiaries sub-subsidiaries and investments propreties of ETI Finance Ltd
12th June 2019 Corporate Disclosure - Market Announcements on non-compliance with CSE Listing rules
Senkadagala Finance SFCL 12th April 2019 Cash Dividend - Final Dividend - Rs 0.60 per share
Company Ticker Date Announcement
LB Finance LFIN 27th May 2019 Final Dividend - Rs 4.00 per share
Vallibel Finance PLC VFIN 3rd June 2019 Final Dividend - Rs 4.00 per share
LOLC Finance PLC LOLC 16th May 2019Rights Issue- One (01) new Ordinary Share for every Four (04) Ordinary Shares, number of shares issued 1,050,000,000 consideration - 4.65
LOLC 12th June 2019Corporate Disclosure - (01) Subordinated, Unsecured, Listed, Redeemable, Rated Debenture Issue (2018/2023)- Proceeds utilization as at 31st March 2019
(02) Right Issue - proceeds utilization as at 31st March 2019
LOLC 20th June 2019Right Issue - Granting in principle approval for the application for Listing of up to 1,050,000,000 ordinary voting shares subject to the conditions referred
LOLC 28th June 2019Right Issue - Issue of 1,050,000,000 ordinary shares by way of rights, to infuse equity capital of Rs.4,882,500,000
Central Finance CF 27th May 2019 Scrip Dividend - Final Dividend - Rs 1.60 per share
27th May 2019 Cash Dividend - Final Dividend - Rs 0.70 per share
Citizens Development Business Finance PLC CDB 08th April 2019
Corporate Disclosure - CDB to amalgamate Unisons Capital Leasing limited and Fortune Properties Private limited
24th June 2019 Right Issue - 2019 Fianl figures in respect of the application processed
Siyapatha Finance SLFL 31st May 2019Corporate Disclosure - Declaration of Scrip Dividend of Rs 0.50 per share for the year ended 31st December 2018
13th June 2019Debenture Issue - Issue Listed, Rated, Unsecured, Subordinated five (05) year Debentures upto a minimum of Rs. 1.0 Bn with an option to increase by a furrher Rs. 500.0 Mn
Share Price Details
34
Share Price LOLC PLC LB CF
30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18
Highest Rs. 3.8 4.2 14.5 16.1 129 126 94 103
Lowest Rs. 4.1 3.4 13 15 114 118.5 83 80.1
Closing Rs. 2.8 3.5 14 15.3 120 120.3 87.5 84.5
Number of Ordinary Shares
Issued 4,200,000,000 1,579,862,482 138,514,284 220,674,367
Category 1
35
Category 2
Share Price CDB CC CLC VF
30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18
Highest Rs. 83 94 29.9 45 3 3 73.1 72
Lowest Rs. 65.8 80 21.7 42.5 2 2.3 64 63.1
Closing Rs. 81.4 85.1 27.9 34.2 2.8 2.3 64.5 65
Number of Ordinary Shares Issued 67,881,508 318,074,365 6,377,711,170 58,863,350
Share Price MI Siyapatha MBSL Senkadagala
30.06.19 30.06.18
30.06.1
9 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18
Highest Rs. 2600 0 10.7 14
Lowest Rs. 2600 0 8.3 9.5
Closing Rs. 2600 0 8.5 10
*Not Traded *Not Traded
Number of Ordinary Shares Issued
3,006,000 73,312,409 165,874,541 72,475,061
36
Share Price Alliance Softlogic Singer Finance
30.06.19 30.06.18 30.06.2019 30.06.18 30.06.19 30.06.18
Highest Rs. 54.5 72.5 25 37 13.6 16.4
Lowest Rs. 45 65.2 19 25.1 11.9 14.1
Closing Rs. 48.1 68 23.4 30 12.3 14.3
Number of Ordinary Shares Issued 33,696,000 67928384 202,074,075
37
Category 3
Share Price Orient Arpico LOLC Dev.
30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18
Highest Rs. 13.7 19.5 174.4 165 49
Lowest Rs. 10.2 12.6 145 140 30.4
Closing Rs. 11.8 13.1 146.2 150 40
Number of Ordinary Shares Issued 148,018,370 7,437,500 237,943,274
Share Price Asia Asset Trade AMW
30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18
Highest Rs. 8.8 9 82.5 71 22.4 22.4
Lowest Rs. 7 7.8 50 65 22.4 22.4
Closing Rs. 7.5 8.4 70 68 22.4 22.4
*Not Traded
Number of Ordinary Shares Issued 124,195,533 56800400
38
Category 4
Share Price Bimputh Nation Lanka Abans
30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18
Highest Rs. 28.3 40 0.7 1 17.5
Lowest Rs. 18.5 30 0.4 0.7 12
Closing Rs. 19.2 39.7 0.5 0.8 16.5
Number of Ordinary Shares Issued 107,733,344 1,353,792,606 66,561,573
Share Price Sinhaputhra Prime Finance People's Merchant
30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18
Highest Rs. 10.4 12.8 19 24 9.8 13.5
Lowest Rs. 7.3 8.5 14.2 18.8 8.8 10.1
Closing Rs. 9 9.1 16.5 19.9 8.9 10.2
Number of Ordinary Shares Issued 62958930 79,200,000 210875000
38
Share Price Associated Motor Dialog Multi Swarnamahal
30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18 30.06.19 30.06.18
Highest Rs. 518 450 41.6 78.7 19.9 16.5 - 2.6
Lowest Rs. 351.2 400.1 30 28.6 12.3 12 - 1.4
Closing Rs. 437.4 400 34.9 39.9 13 13.1 - 1.7
Number of Ordinary Shares Issued 5,608,355 91,336,974 63,610,181 500,000,140
39
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