Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

CSE listed CDB reports profit of Rs339mn; Deposits grow to Rs47bn

August 13, 2018 (LBO) - Colombo Stock Exchange listed Citizens Development Business Finance (CDB) reported robust profits for the June 2018 quarter.
online pharmacy buy spiriva inhaler with best prices today in the USA




buy amoxil online https://greendalept.com/wp-content/uploads/2023/08/png/amoxil.html no prescription pharmacy

Profits at the CBSL registered finance company were Rs339mn for the quarter on equity of approximately Rs7.6bn.  The firm is operating a full balance sheet with assets of approximately Rs80bn.
online pharmacy buy diflucan with best prices today in the USA




online pharmacy buy azithromycin with best prices today in the USA



Deposits grew to a massive Rs47bn by the end of the quarter. Despite regularly stellar performance, the company's stock trades at close to just 1/2 of its book value.
online pharmacy buy abilify with best prices today in the USA




online pharmacy buy glucophage with best prices today in the USA


buy symbicort online https://greendalept.com/wp-content/uploads/2023/08/png/symbicort.html no prescription pharmacy

Controlled by parent Ceylinco Insurance (CINS), the company has failed to inspire confidence with minority shareholders and therefore trades at strikingly low valuation.
buy ventolin online https://greendalept.com/wp-content/uploads/2023/08/png/ventolin.html no prescription pharmacy

Ceylinco Insurance (CINS) has a history of minority shareholder oppression and has been subject to litigation by one of its largest shareholders Prabash Subasinghe.  Subasinghe has effectively been frozen out of Ceylinco Insurance for several years.
online pharmacy buy periactin with best prices today in the USA



 The company has failed to grant his request for a board seat, and continues to pay relatively small dividends to shareholders alongside significant compensation to top executives.

Subasinghe and related entities own just under 30% of the company, a multibillion rupee holding.
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x