LBO Home IndoChina | About Us | To Advertise | Contact Us rss LBO Mobil rss rss rss rss rss
Australia won 2015 Cricket World Cup with a 7 wicket victory over New Zealand | Facebook to focus on three themes in 2015: Zuckerberg | Sri Lanka new rulers to get Chinese support | Sri Lanka sells $100mn of 5 year development bonds; rejects all bids at 2 and 3 years | Fitch affirms HSBC Sri Lanka branch at 'AAA(lka)'; outlook stable | Sri Lanka Freedom Party yet to decide a disciplinary action who participated pro-MR rally | Sri Lanka's President appoints a new law commission | Sri Lanka’s NDB-DFCC merger awaiting new regime’s go ahead | Ultra small computer by Intel; first look in Sri Lanka | Sri Lanka's micro-finance sector to access CRIB through a new regulation | Sri Lanka to get Chinese funded hospital for kidney patients; China to support SL on alleged human rights issues | Sri Lanka Siyapatha Finance PLC rated 'A(lka)' with a stable outlook : Rating agency | Sri Lanka’s AMW Capital Leasing and Finance upgraded to 'BBB+(lka)' : Fitch Ratings                                          
Sun, 29 March 2015 19:36:07
Sri Lanka Sampath Bank net up 48-pct
28 Feb, 2013 07:38:44
Feb 28, 2013 (LBO) - Profits at Sri Lanka's Sampath Bank rose 48.2 percent to 1.3 billion rupees in the December 2012 quarter from a year earlier, accounts filed with the Colombo Stock Exchange showed.
The group reported earnings of 8.20 rupees per share for the quarter. For the year to December the group reported earnings of 32 rupees per share on total profits of 5.2 billion rupees, which rose 25 percent from a year earlier.

Fee income fell 24 percent to 958 million rupees with forex income falling to 4 million rupees from 400 million rupees a year earlier.

Interest income rose 59 percent to 6.1 billion rupees in the quarter from a year earlier, interest expenses rose at a faster 75 percent to 6.1 billion rupees, but the bank grew net interest income 36 percent to 3.4 billion rupees.

Loan loss provisions were a reversal of 108 million rupees, with 116 in new provisions and 197 million rupees in recoveries. There was also a 21 million rupee reversal for provisions made for falls in values of investments.

Update I

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