📈 Softlogic Finance to Halve Stated Capital, Clear Rs. 7.6 Bn Loss!

• Softlogic Finance PLC plans to reduce its stated capital from over Rs. 9.93 billion to Rs. 2.33 billion. • This move aims to fully write off accumulated retained losses of over Rs. 7.6 billion as of 31 July 2025. • The Central Bank of Sri Lanka has already granted written approval for this financial restructuring. • This adjustment will not impact the number of issued shares, shareholder ownership, or voting rights, nor does it involve returning funds to shareholders. • The company expects this will strengthen its capital position and facilitate the resumption of dividend distributions once profitability improves. • Softlogic Finance recorded an after-tax profit of Rs. 7.38 million for the six months to end-September 2025, down from Rs. 37.9 million a year prior. • For the full year to end-March 2025, the company reported an after-tax profit of Rs. 145 million, marking its first profitable year since 2019.