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:
Srisawad Finance PCL
sales of 3.82 billion Thai Bahts [US$114.10 million]
of which 100%
was Banking & Related Activities),
Central Finance Company PLC
of SRI LANKA
(23.87 billion Sri Lanka Rupees [US$119.36 million]
of which 81%
was Leasing, Hire Purchase and Other Advance), and
Mandala Multifinance Tbk PT
based in INDONESIA
(1.55 trillion Indonesian Rupiahs [US$108.58 million]
of which 74%
During the second
quarter of 2021, sales at Lanka Bangla Finance Ltd totalled
2.29 billion Bangladeshi Taka.
an increase of 5.1%
from the 2.18 billion Bangladeshi Taka in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 4.78 billion Bangladeshi Taka, which is
than through the first two quarters of 2020.
Lanka Bangla Finance Ltd reported sales of 9.68 billion Bangladeshi Taka (US$113.74 million)
December of 2020.
decrease of 17.7%
versus 2019, when the company's sales were 11.76 billion Bangladeshi Taka.
Contributing to the drop in overall sales was the 18.1% decline
in Core Financing Business, from 10.09 billion Bangladeshi Taka to 8.26 billion Bangladeshi Taka.
There were also decreases in sales in
Brokerage Business (down 16.0% to 1.29 billion Bangladeshi Taka)
However, these declines were partially offset by the increase in sales of
Investment Business (up 15.5% to 132.85 million Bangladeshi Taka)