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Lolc Finance Plc (Sri Lanka)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Lolc Finance Plc Profile Updated: March 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Lanka Orix Finance Company Limited provides various financial services. The company offers savings, term deposits, non-resident foreign currency accounts, resident foreign currency accounts, and special foreign investment deposit accounts, sells foreign currency, and issues ATM and Maestro debit cards. The company also engages in leasing, hire purchase, margin trading, pawn broking, loans, property development, mobilization of public deposits, and Islamic financing activities. Lanka Orix Finance Company Limited operates 53 outlets in Sri Lanka. The company was formerly known as LOLC Finance Company and changed its name to Lanka Orix Finance Company Limited in July 2003. The company was incorporated in 2001 and is based in Rajagiriya, Sri Lanka. Lanka Orix Finance Company Limited is a subsidiary of Lanka ORIX Leasing Company PLC.

Headquarters
No. 100/1, Sri Jayewardenepura Mawatha, Rajagiriya
Colombo; Western Province;

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Website: http://www.lolcfinance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2001
Key Executives
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Chief Executive Officer
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Outside Director
Ownership Details
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88.85%
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7.84%
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0.3%
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0.11%
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Subsidiaries
Commercial Leasing And Finance Limited
100%
Company Performance
Financial values in the chart are available after Lolc Finance Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net interest income
52.4%
Operating profit (EBIT)
3.74%
Net Profit (Loss) for the Period
-9.19%
Total assets
15.82%
Total equity
20.65%
Total Assets Trend
-67.34%
Net Interest Income Trend
51.11%
Loans to Deposits Ratio
-2.73%
Loans to Asset Ratio
3.13%

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