LBO Home IndoChina | About Us | To Advertise | Contact Us rss LBO Mobil rss rss rss rss rss
International Arbitration Centre to be established in Sri Lanka |     Electricity tariff reduction for hotels and shops from this November                                          A Special Tax Scheme for the motor vehicle imports instead of the current system |  Minimum monthly salary of the State Sector employee increased to Rs. 15,000                                          Value Added Tax reduced to 11 percent |     Aerospace Engineering Unit will be established at the Moratuwa University | EPF payment from the employer to be increased to 14%                                          Sri Lanka Customs to have a One Stop Service Center |  Import tax removed on infant milk food | Electricity tariff reduction for hotels and shops from this November                                          A special duty scheme on motor vehicles for foreign employed individuals |  Main Sri Lankan towns to be developed under a special Urban Development Programme                                          
Fri, 24 October 2014 22:29:33
Sri Lanka HNB net up 41-pct
01 Mar, 2013 07:23:53
Mar 01, 2013 (LBO) - Profits at Sri Lanka's Hatton National Bank rose 41 percent to 3.1 billion rupees in the December 2013 quarter from a year earlier, helped by higher net interest income and fee income, interim accounts showed.
The group reported earnings of 7.93 rupees per share for the quarter. In the year to December it reported earnings of 20.33 rupees per share on total profits of 8.0 billion rupees, which rose 32 percent.

Fee income rose 28 percent to 2.28 billion rupees with forex income rising 64 percent to 368 million rupees and other income rising 23 percent to 1.9 billion rupees.

In the December quarter interest income rose 46 percent to 13.5 billion rupees and interest expenses rose at a faster 66 percent to 7.9 billion rupees, and the bank grew net interest income 25 percent to 5.57 billion rupees.

The bank provided 402 million rupees for loan loss provision, up from a reversal of 289 million rupees a year earlier.

Update I

Your Comment
Your Name/Handle
Your Email (Your email will not be displayed)
Your Email
Receivers Email
Your Comment