Abans Finance PLC operates within the Misc. business credit institutions sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Abans Finance PLC with three other
companies in this sector in Sri Lanka:
People's Merchant Finance PLC
sales of 616.29 million Sri Lanka Rupees [US$3.40 million]
Trade Finance & Investments Ltd
(2.63 billion Sri Lanka Rupees [US$14.53 million]
of which 90%
was Finance Lease), and
Ceylon Tea Brokers Ltd
(767.64 million Sri Lanka Rupees [US$4.24 million]
During the year ended March of 2019, sales at
Abans Finance PLC were 1.97 billion Sri Lanka Rupees (US$10.85 million).
increase of 3.4%
versus 2018, when the company's sales were 1.90 billion Sri Lanka Rupees.
This was the fifth consecutive year of sales increases at Abans Finance PLC
(and since 2014, sales have increased a total of 167%).
Sales of Leasing saw an increase
that was more than double the company's growth rate: sales were up
12.1% in 2019, from
1.22 billion Sri Lanka Rupees to 1.37 billion Sri Lanka Rupees.
Not all segments of Abans Finance PLC experienced an increase in sales in 2019:
sales of Hire Purchases fell 67.9% to 1.66 million Sri Lanka Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Abans Finance PLC also experienced decreases in sales in
Term Loans (down 9.6% to 475.71 million Sri Lanka Rupees)
Others (down 20.1% to 132.43 million Sri Lanka Rupees)