Abans Finance Soars: 344% Profit Surge to LKR 951 Million Signals Strong FY25 Performance
2025-06-29
Daily News
Abans Finance Announces Impressive FY25 Results, Demonstrating Remarkable Growth
Colombo, Sri Lanka – Abans Finance PLC has concluded its financial year ending March 31, 2025, with stellar results, solidifying its position as a leading and resilient financial institution in Sri Lanka. The company reported a phenomenal 344% growth in Profit Before Tax (PBT), reaching a substantial LKR 951 million. This impressive performance underscores Abans Finance’s strategic agility, robust risk management, and dedication to delivering value to its stakeholders.Key Highlights of FY25 Performance:
- Exceptional PBT Growth: A staggering 344% increase in Profit Before Tax, reaching LKR 951 million.
- Strong Revenue Generation: The company demonstrated a significant ability to generate revenue, driven by a combination of core lending activities and strategic diversification. While specific revenue figures were not immediately available, the substantial PBT growth clearly indicates healthy top-line performance.
- Resilience and Adaptability: Abans Finance’s success in FY25 is a testament to its ability to navigate a challenging economic landscape and adapt to evolving market conditions. The company’s prudent financial management and proactive risk mitigation strategies played a crucial role.
- Commitment to Stakeholders: The strong financial results reflect Abans Finance’s unwavering commitment to delivering value to its customers, shareholders, and employees.
Driving Factors Behind the Success
Several factors contributed to Abans Finance’s outstanding performance in FY25. These include:- Strategic Lending Portfolio: A well-managed lending portfolio, focused on sectors with strong growth potential, contributed significantly to revenue generation.
- Effective Cost Management: The company implemented rigorous cost control measures, ensuring operational efficiency and maximizing profitability.
- Technological Advancements: Investments in technology have streamlined processes, improved customer service, and enhanced overall operational efficiency.
- Experienced Management Team: The guidance and expertise of the experienced management team were instrumental in steering the company towards success.
Looking Ahead
Abans Finance remains optimistic about its future prospects. The company is committed to maintaining its strong financial performance, expanding its product offerings, and further strengthening its market position. Focus will be placed on leveraging technological advancements to enhance customer experience and operational efficiency. Furthermore, the company intends to explore new avenues for growth, while adhering to the highest standards of corporate governance and ethical business practices.“We are incredibly proud of the achievements of Abans Finance in FY25,” stated a company spokesperson. “These results are a direct reflection of our team’s hard work, dedication, and commitment to excellence. We are confident that we can continue to build on this momentum and deliver even greater value to our stakeholders in the years to come.”
Disclaimer: *Specific details regarding revenue and other financial metrics are expected to be released in the full annual report.*
