š Vallibel Finance Shines: 1H FY25/26 PBT Jumps 50% to Rs. 2.7 Bn!
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).