Sri Lanka, April 23 -- Sustains growth momentum and financial resilience for nine months ended December 2024
Associated Motor Finance Company PLC (AMF) has delivered a strong performance for the nine months ended December 31, 2024.
The company recorded significant profitability growth, reinforced balance sheet strength and a strong liquidity position, demonstrating strategic agility and prudent risk management.
Profit before tax increased by an impressive 133 percent, reaching Rs.781 million and profit after tax recorded a substantial growth of 135 percent, rising to Rs.393 million.
Return on assets and return on equity stood at 5.25 percent and 15.25 percent, respectively and the capital base to the risk-weighted assets (Tier II) rat...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.