Lanka Bangla Finance Ltd operates in the Misc. business credit institutions sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lanka Bangla Finance Ltd with three other
financial institutions in Asia:
Ratchthani Leasing PCL
sales of 4.24 billion Thai Bahts [US$141.51 million]
of which 44%
was New cars),
LB Finance PLC
of SRI LANKA
(29.34 billion Sri Lanka Rupees [US$150.23 million]
Woori Investment Bank Co Ltd
based in KOREA (SOUTH)
(146.67 billion Korean Won [US$133.03 million]
of which 70%
was Interest-earned Goods).
Lanka Bangla Finance Ltd reported sales of 11.76 billion Bangladeshi Taka (US$139.09 million)
December of 2019.
increase of 6.3%
versus 2018, when the company's sales were 11.06 billion Bangladeshi Taka.
Sales at Lanka Bangla Finance Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 132%).
Sales of Asset Management Business saw an increase
that was more than double the company's growth rate: sales were up
248.2% in 2019, from
5.46 million Bangladeshi Taka to 19.02 million Bangladeshi Taka.
Lanka Bangla Finance Ltd also saw significant increases in sales in
Core Financing Business (up 13.1% to 10.09 billion Bangladeshi Taka)
Not all segments of Lanka Bangla Finance Ltd experienced an increase in sales in 2019:
sales of Brokerage Business fell 23.4% to 1.53 billion Bangladeshi Taka.
Lanka Bangla Finance Ltd also experienced decreases in sales in
Investment Business (down 11.5% to 115.05 million Bangladeshi Taka)