Company LOLC Finance PLC

Equities

LOFC.N0000

LK0392N00007

Consumer Lending

End-of-day quote Colombo S.E. 06:00:00 2024-04-18 pm EDT 5-day change 1st Jan Change
6.4 LKR +4.92% Intraday chart for LOLC Finance PLC +10.34% +39.13%

Business Summary

LOLC Finance PLC is a Sri Lanka-based financial service provider. The principal activities of the Company comprised finance business, finance leasing, Islamic finance, issue of payment cards, micro finance loans, gold loans and provision of advances for margin trading in the Colombo Stock Exchange. The Company operates through three segments: Small and Medium-Sized Enterprises (SME) Finance, Development Finance, and Alternative Financial Services. The Company’s services include fleet management, loans and leasing, consumer and digital business services, savings and deposits, alternative financial services, and online services. Its loans and leasing services include small and medium-sized enterprises (SME) services and micro services. Its consumer and digital business services include automated teller machine (ATM) and debit card, and credit cards. Its savings and deposits services include savings accounts, fixed deposits, and foreign currency business.

Number of employees: 5,098

Sales per Business

LKR in Million2022Weight2023Weight Delta
Conventional Financial Services
67.6 %
22,704 53.9 % 55,322 67.6 % +143.66%
Islamic Financial Services
26.0 %
16,689 39.6 % 21,282 26.0 % +27.52%
Factoring
6.3 %
2,699 6.4 % 5,191 6.3 % +92.38%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
100.0 %
42,092 100.0 % 81,795 100.0 % +94.32%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 -
Director of Finance/CFO - -
Chairman - 20-02-29
Chief Tech/Sci/R&D Officer - -
Chief Administrative Officer - -
Compliance Officer - -
Chief Operating Officer - -
Comptroller/Controller/Auditor - -
Treasurer - -
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 53 -
Chief Executive Officer 66 03-03-31
Chairman - 20-02-29
Director/Board Member - -
Director/Board Member - 17-05-25
Director/Board Member - 19-07-22
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 33,079,212,299 862,059,892 ( 2.606 %) 0 2.606 %

Shareholders

NameEquities%Valuation
Lolc Ceylon Holdings Ltd
88.85 %
29,389,519,216 88.85 % 539 M ₨
LOLC Pvt Ltd.
7.836 %
2,592,235,176 7.836 % 48 M ₨
Phantom Investments Pvt Ltd.
0.2317 %
76,644,002 0.2317 % 1 M ₨
Saakya Capital (Pvt) Ltd.
0.1668 %
55,170,414 0.1668 % 1 M ₨

Holdings

NameEquities%Valuation
1,343,626 0.28% 1,780,304 $

Company contact information

LOLC Finance Plc

No.100/1 Sri Jayewardenepura Mawatha Rajagiriya

00200, Colombo

+94 11 571 5555

http://www.lolcfinance.com
address LOLC Finance PLC(LOFC.N0000)