The Merchant Bank of Sri Lanka (MBSL) signified a slow but steady growth trend for 2014, yielding returns from the expansion drive launched in 2012.
MBSL posted revenues of Rs 1,204 million for the first six months of the Financial Year 2014, in comparison to the corresponding period of 2013 where the posted revenue was Rs 1,177 million. Thereby in the first six months of 2014, MBSL revenue recorded a 2.32% upsurge, in comparison to the corresponding period of the year before. Furthermore, by the end of the said quarter MBSL also recorded Rs 31.92 million income from fair valuing the company's share portfolio. The Net Interest Income which was at Rs 438 million in the first six months of 2013, saw a modest growth of 14% in the corresponding 6 month period ending June 30,2014.
www.dailynews.lk
MBSL posted revenues of Rs 1,204 million for the first six months of the Financial Year 2014, in comparison to the corresponding period of 2013 where the posted revenue was Rs 1,177 million. Thereby in the first six months of 2014, MBSL revenue recorded a 2.32% upsurge, in comparison to the corresponding period of the year before. Furthermore, by the end of the said quarter MBSL also recorded Rs 31.92 million income from fair valuing the company's share portfolio. The Net Interest Income which was at Rs 438 million in the first six months of 2013, saw a modest growth of 14% in the corresponding 6 month period ending June 30,2014.
www.dailynews.lk
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