IDLC Finance Ltd operates in the Mortgage bankers and correspondents sector.
In addition to historical fundamental analyses, the complete report available to purchase compares IDLC Finance Ltd with three other
financial institutions in Asia:
Gic Housing Finance Ltd
of INDIA
(2019
sales of 12.26 billion Indian Rupees [US$165.63 million]
of which 100%
was Loans for the purchase ofr construction ),
Aavas Financiers Ltd
of INDIA
(6.20 billion Indian Rupees [US$83.73 million]
of which 100%
was Lending to borrowers), and
J Lease Co Ltd
which is
based in JAPAN
(6.08 billion Japanese Yen [US$58.39 million]
).
Sales Analysis.
IDLC Finance Ltd reported sales of 14.13 billion Bangladeshi Taka (US$166.88 million)
for the
year ending
December of 2019.
This
represents
an
increase of 10.7%
versus 2018, when the company's sales were 12.76 billion Bangladeshi Taka.
Sales at IDLC Finance Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 72%).
Sales of Core Business saw an increase
of
3.5% in 2019, from
4.73 billion Bangladeshi Taka to 4.90 billion Bangladeshi Taka.
Not all segments of IDLC Finance Ltd experienced an increase in sales in 2019:
sales of Asset Management Business fell 58.7% to 34.44 million Bangladeshi Taka.
(However, this segment's sales were only a very small portion of the company's overall sales).
IDLC Finance Ltd also experienced decreases in sales in
Brokerage Business (down 43.4% to 417.00 million Bangladeshi Taka)
and
Investment Banking (down 1.9% to 265.52 million Bangladeshi Taka)
.