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:
LB Finance PLC
of SRI LANKA
sales of 25.05 billion Sri Lanka Rupees [US$135.25 million]
of which 56%
was Leasing & Stock Out On Hire),
Ratchthani Leasing PCL
(3.83 billion Thai Bahts [US$120.98 million]
of which 49%
was new cars), and
based in THAILAND
(3.88 billion Thai Bahts [US$122.59 million]
of which 100%
Lanka Bangla Finance Ltd reported sales of 11.06 billion Bangladeshi Taka (US$130.48 million)
December of 2018.
increase of 10.8%
versus 2017, when the company's sales were 9.98 billion Bangladeshi Taka.
Sales at Lanka Bangla Finance Ltd have increased during each of the previous five years
(and since 2013, sales have increased a total of 124%).
Sales of Core Financing Business saw an increase
that was more than double the company's growth rate: sales were up
22.6% in 2018, from
7.28 billion Bangladeshi Taka to 8.93 billion Bangladeshi Taka.
Not all segments of Lanka Bangla Finance Ltd experienced an increase in sales in 2018:
sales of Asset Management Business fell 89.0% to 5.46 million Bangladeshi Taka.
(However, this segment's sales were only a very small portion of the company's overall sales).
Lanka Bangla Finance Ltd also experienced decreases in sales in
Brokerage Business (down 12.1% to 2.00 billion Bangladeshi Taka)
Investment Business (down 65.4% to 130.05 million Bangladeshi Taka)