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Sunday, 29 March 2009

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EAP, synonymous with gold

Edirisinghe Trust Investments Ltd. (ETI) is the flagship company of the EAP Group of Companies. The EAP name has for decades been synonymous in Sri Lanka with gold and jewellery. The company's expertise in recent times has also extended to media and entertainment, financing, technology, import and export, alternative power, real estate and property development.

ETI began business in the pawning industry over 40 years ago and in 2004 the company diversified its portfolio into areas of Leasing and Hire Purchase, Real Estate and Housing, Vehicles and Trade Finance and more recently a venture into Agro Products. ETI today is one of the fastest growing finance companies in the Island with an income in excess of Rs. 1 billion. The Company is also among the top 5 of the 34 registered finance companies. ETI has managed a remarkable fiscal year ending March 31, 2008, boasting a 45 per cent increase in gross income and increasing total assets up to Rs. 7.1 Billion from Rs. 5.4 billion, an impressive increase of 31.5 per cent.

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