People's Leasing among top 25
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Director N. Vasantha Kumar with the award. Defence Ministry
Secre-tary Gotabaya Rajapaksa, Chief Jus-tice Mohan Pieris and
DGM, Finance and Administration, Sanjeewa Banda-ranayake (on
right) looks on.
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People's Leasing and Finance PLC (PLC), the flagship subsidiary of
the People's Bank, remained among the 'Top 25' listed companies for the
second consecutive year while moving up four notches, from 18 last year
to 14 this year at the 'Business Today Top 25 - 2013-14 Awards' held at
the Hilton recently.
The award was received by PLC Director N. Vasantha Kumar and DGM,
Finance and Administration, K.S. Bandaranayake. The selection criteria
was based on financial performance during the financial year 2013-14 and
published information of companies listed on the Colombo Stock Exchange.
Financial criteria included share turnover, revenue, profit after
tax, return on equity, earnings per share, market capitalisation, value
of shares transacted and value addition.
PLC was incorporated in August 1995 and became a listed company in
November 2011. People's Leasing Group consists of five subsidiaries
which are engaged in general insurance, micro-finance, fleet management
and property development. |
