Company Singer Finance (Lanka) PLC

Equities

SFIN.N0000

LK0373N00007

Consumer Lending

End-of-day quote Colombo S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
17.6 LKR +2.92% Intraday chart for Singer Finance (Lanka) PLC +17.33% +55.75%

Business Summary

Singer Finance (Lanka) PLC is a Sri Lanka-based mid-sized licensed finance company. The principal activities of the Company consist of finance leasing, gold loans, financing of consumer durables under loan scheme and granting loans, factoring, authorized foreign currency dealer and mobilizing fixed deposits and savings deposits. The Company operates through three segments: Finance Lease, Loan & Advances, and Other. The Company’s products include fixed deposit, savings accounts, online banking, debit card, leasing, gold loans, factoring, consumer finance, foreign currency exchange and western union. The Company's online services include facility payments, online banking, real-time payment update, short message service (SMS) alert on payment update, security and convenience and quick access. The Company operates through 50 branches. The Company is a subsidiary of Singer (Sri Lanka) PLC, which is a manufacturer and retailer of consumer durables and part of the Hayleys Group.

Number of employees: 751

Sales per Business

LKR in Million2022Weight2023Weight Delta
Loan & Advances
54.2 %
1,987 36.2 % 4,093 54.2 % +105.92%
Finance Lease
33.0 %
3,311 60.3 % 2,490 33.0 % -24.78%
Other
12.8 %
188 3.4 % 970 12.8 % +415.56%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
100.0 %
5,487 100.0 % 7,553 100.0 % +37.66%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - -
Compliance Officer - -
Chief Operating Officer - 05-12-31
Director/Board Member - 19-02-20
Corporate Secretary - 22-12-31
Sales & Marketing - -
General Counsel - 18-12-31
Treasurer - 15-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 17-12-06
Chairman - 17-12-06
Director/Board Member - 19-02-20
Director/Board Member - -
Chief Executive Officer - -
Director/Board Member - 17-12-06
Director/Board Member - 21-09-01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 202,074,075 20,714,932 ( 10.25 %) 0 10.25 %

Company contact information

Singer Finance (Lanka) Plc

No. 498, R. A. De Mel Mawatha

00200, Colombo

+

http://www.singerfinance.com
address Singer Finance (Lanka) PLC(SFIN.N0000)
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