Asia Asset Finance Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Asia Asset Finance Ltd with three other
banks in Asia:
Bank of Toyama Ltd
sales of 8.98 billion Japanese Yen [US$82.69 million]
of which 82%
Shimane Bank Limited
(8.50 billion Japanese Yen [US$78.29 million]
Howa Bank Ltd
based in Japan
(9.30 billion Japanese Yen [US$85.66 million]
Asia Asset Finance Ltd reported sales of 2.87 billion Sri Lanka Rupees (US$15.79 million)
March of 2019.
increase of 11.6%
versus 2018, when the company's sales were 2.57 billion Sri Lanka Rupees.
Sales at Asia Asset Finance Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 270%).
Sales of Finance Leases saw an increase
that was more than double the company's growth rate: sales were up
117.3% in 2019, from
425.61 million Sri Lanka Rupees to 924.88 million Sri Lanka Rupees.
Not all segments of Asia Asset Finance Ltd experienced an increase in sales in 2019:
sales of Hire Puchases fell 54.4% to 4.90 million Sri Lanka Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Asia Asset Finance Ltd also experienced decreases in sales in
Advances and Other Loans (down 34.7% to 1.30 billion Sri Lanka Rupees)
Investment (down 29.6% to 94.11 million Sri Lanka Rupees)
Other (down 4.6% to 8.81 million Sri Lanka Rupees)