Sunday 30 November 2014

People's Leasing among top 25

People's Leasing and Finance PLC (PLC), the flagship subsidiary of the People's Bank, remained among the 'Top 25' listed companies for the second consecutive year while moving up four notches, from 18 last year to 14 this year at the 'Business Today Top 25 - 2013-14 Awards' held at the Hilton recently.

The award was received by PLC Director N. Vasantha Kumar and DGM, Finance and Administration, K.S. Bandaranayake. The selection criteria was based on financial performance during the financial year 2013-14 and published information of companies listed on the Colombo Stock Exchange.

Financial criteria included share turnover, revenue, profit after tax, return on equity, earnings per share, market capitalisation, value of shares transacted and value addition.

PLC was incorporated in August 1995 and became a listed company in November 2011. People's Leasing Group consists of five subsidiaries which are engaged in general insurance, micro-finance, fleet management and property development.

www.sundayobserver.lk

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