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Sarvodaya Development Finance Plc (Sri Lanka)

Main Activities: Consumer Lending
Full name: Sarvodaya Development Finance Plc Profile Updated: February 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company s activities including savings, micro loans, SME loans, personal loans, leasing, fixed deposits and deposit rates.
-2010:
The Company was incorporated on January 1, 2010 as a public limited liability company under the Companies Act No. 7 of 2007.
-2012:
The Company commenced business operations effective December 19, 2012, as a Licensed Finance Company (LFC) regulated by the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011.
-2015:
The Company name was changed from Deshodaya Development Finance Company Limited to Sarvodaya Development Finance Limited in March 2015.
-2021:
The Company will be listed on Colombo Stock Exchange on November 23, 2021.
-2022:
The Company name was changed to SARVODAYA DEVELOPMENT FINANCE PLC on January 6, 2022.

Headquarters
No. 155/A, Dr. Danister De Silva Mawatha
Colombo; Western Province; Postal Code: 08

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Website: http://www.sarvodayafinance.lk

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2010
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Company Performance
Financial values in the chart are available after Sarvodaya Development 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
-1.63%
Operating profit (EBIT)
18.87%
Net Profit (Loss) for the Period
2.87%
Total assets
4.44%
Total equity
4.38%
Total Assets Trend
-19.22%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-8.19%
Loans to Asset Ratio
-3.15%

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