šŸ“ˆ Vallibel Finance Shines: 1H FY25/26 PBT Jumps 50% to Rs. 2.7 Bn!

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Vallibel Finance PLC reported strong first-half results for FY25/26, solidifying its position among Sri Lanka's top financial institutions. • Profitability Surge: • Profit Before Tax (PBT) soared by 50% YoY to Rs. 2.7 billion. • Net Interest Income grew 30% to Rs. 4.9 billion. • Profit After Tax (PAT) reached Rs. 2.6 billion, up from Rs. 2.1 billion last year. • Asset Quality & Growth: • Asset base expanded 28% to Rs. 143 billion (from Rs. 112 billion), driven by portfolio growth and prudent risk management. • Non-Performing Loans (NPLs) significantly improved, declining to 2.78% from 5.19%. • Return on Equity (ROE) rose to 21.77% (from 16.87%). • Strategic Expansion & Innovation: • The company continues its rapid expansion, becoming the fastest financial institution in Sri Lanka to surpass Rs. 100 billion in assets within 17 years. • Expanding branch network to 85, with Eastern Province completion by Dec 2025 and Northern Province planned for early next year. • Strong digital approach, offering fully-fledged solutions across major digital channels. • Consistently recognized as "Best Finance Company" by The Global Economic (UK).

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