Vishmi Wijeratne
First Capital Holdings has recorded revenue of Rs. 1.9 billion this financial year. Chairperson, Manjula Mathews stated that this was 36% increase when compared to the previous financial year.
This achievement according to the company is due to the capitalisation of trading opportunities that arose in the secondary market as a result of reduction in interest rates.
In terms of trading grain on the sale of government securities the company recorded Rs. 900 million as opposed to the Rs. 227 million recorded in the previous year. Furthermore the profit after tax increased by 41% to Rs. 730 million which is a significant raise when compared to the Rs. 518 recorded in the financial year 2013/14.
First Capital Holdings provide investment in commercial paper, promissory notes, asset backed paper and debentures.
www.dailynews.lk
First Capital Holdings has recorded revenue of Rs. 1.9 billion this financial year. Chairperson, Manjula Mathews stated that this was 36% increase when compared to the previous financial year.
This achievement according to the company is due to the capitalisation of trading opportunities that arose in the secondary market as a result of reduction in interest rates.
In terms of trading grain on the sale of government securities the company recorded Rs. 900 million as opposed to the Rs. 227 million recorded in the previous year. Furthermore the profit after tax increased by 41% to Rs. 730 million which is a significant raise when compared to the Rs. 518 recorded in the financial year 2013/14.
First Capital Holdings provide investment in commercial paper, promissory notes, asset backed paper and debentures.
www.dailynews.lk
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