Hatton National Bank Plc operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hatton National Bank Plc with three other
companies in this sector in SRI LANKA :
Seylan Bank Limited
(2019
sales of 61.96 billion Sri Lanka Rupees [US$321.57 million]
of which 72%
was Banking),
Sampath Bank Plc
(125.92 billion Sri Lanka Rupees [US$653.54 million]
of which 35%
was Banking), and
National Development Bank Plc
(59.98 billion Sri Lanka Rupees [US$311.29 million]
of which 98%
was Banking Income).
Sales Analysis.
During the year ended December of 2019, sales at
Hatton National Bank Plc were 145.29 billion Sri Lanka Rupees (US$754.07 million).
This
is
an
increase of 5.2%
versus 2018, when the company's sales were 138.17 billion Sri Lanka Rupees .
This was the fifth consecutive year of sales increases at Hatton National Bank Plc
(and since 2014, sales have increased a total of 121%).
Sales of Treasury saw an increase
that was more than double the company's growth rate: sales were up
31.3% in 2019, from
5.80 billion Sri Lanka Rupees to 7.62 billion Sri Lanka Rupees .
Hatton National Bank Plc also saw significant increases in sales in
Retail (up 8.4% to 17.68 billion Sri Lanka Rupees )
and
Insurance (up 16.3% to 2.19 billion Sri Lanka Rupees )
.
Not all segments of Hatton National Bank Plc experienced an increase in sales in 2019:
sales of Micro fell 5.1% to 1.15 billion Sri Lanka Rupees .
(However, this segment's sales were only a very small portion of the company's overall sales).
Hatton National Bank Plc also experienced decreases in sales in
Sme (down 2.0% to 13.78 billion Sri Lanka Rupees )
and
Corporate (down 1.4% to 11.14 billion Sri Lanka Rupees )
.