NEWS ALERT: #CFIN Central Finance net up 72%

secnews at 04h43
10
Feb
2011
NEWS ALERT: #CFIN Central Finance net up 72%

LBO-TODAY

Central Finance net up 72-pct on wider margins

Feb 10, 2011 (LBO) - Sri Lanka's Central Finance, a regulated finance firm said net profits for the December 2011 quarter rose 72 percent to 472 million rupees as margins widened amid falling rates.
Group revenues rose 9.7 percent to 1.56 billion rupees but interest expenses fell at an absolute 26 percent to 571 million rupees allowing net interes
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