LB Finance Investor Relations | Financial Reports & Info

Investor Relations

At LB Finance, we are dedicated to building value for our shareholders and fostering long-term growth. Our Investor Relations page serves as a comprehensive resource for all stakeholders seeking insights into our financial health, strategic direction, and performance.

Here, you will find detailed information about our latest reports, key financials, share price performance, and dividend information. We believe in maintaining open and transparent communication, and our goal is to provide you with the tools and information you need to make informed investment decisions.

Thank you for your interest in LB Finance. We look forward to a prosperous future together.

Annual Results 2023/24

Explore our latest annual results in following formats which are specifically created for your convenience.

Annual Results 2023/24

PDF Version

HTML Version

Flip Book Version

Key Financials

LKR

49,230

Total income

LKR

9,564

Profit after tax

LKR

202,177

Total assets

LKR

43,626

Return on equity

LKR

17.26

Earnings per share

Latest Share Price

LFIN.N0000

LKR 79.20

-1%

LB Micro-Site

You can visit our AI driven annual report micro-site which has information about our 2023/24 results, financial and non-financial dashboards, sustainability initiatives, stakeholders’ feedback and pillars of corporate social responsibility.

View Micro-site

Dividend Information

The dividend policy of LBF is crucial for maintaining a balance between the expectations of shareholders and the business needs of the Company. It is Company’s policy to pay 1/3 of its earnings as dividends with the best interest of shareholders. Most recent dividend payments and expected dividend payments of LB Finance for 2024/25 are given below for your reference.

	Financial Year 2022/23		Financial Year 2023/24		Financial Year 2024/25
	Interim Dividend	Final Dividend	Interim Dividend	Final Dividend	Interim Dividend	Final Dividend
Announcement of dividend amount	12-Apr-23	5-Jun-23	7-March-24	27-May-24	By Early February	By End May
Dividend per share	Rs. 2.00	Rs. 3.00	Rs. 2.25	Rs. 3.50	TBD	TBD
XD date	25-Apr-23	4-Jul-23	19-Mar-24	1-Jul-24	End February	Early July
Payment date	17-May-23	24-Jul-23	9-Apr-24	18-Jul-24	Mid March	End July

Downloads

Annual Report 2023/ 24

Annual Report 2022/23

Shareholder Announcement 2022/ 2023

Sustainability GRI Index Report 2022/23

Corporate Governance and Risk Management Report 2021/22

Sustainability GRI Index Report 2021/22

Annual Report 2021/22

Shareholder Announcements 2021/22

Integrated Report 2020/21

Corporate Governance and Risk Management Report 2020/21

Sustainability GRI index 2020/21

Shareholder Announcements 2020/2021

Annual Report 2019/20

Annual Report 2018/19

Annual Report 2017/18

Annual Report 2016/17

Annual Report 2015/16

Annual Report 2014/15

Annual Report 2013/14

Annual Report 2012/13

Annual Report 2011/12

Annual Report 2010/11

Annual Report 2009/10

Annual Report 2008/09

Bi-Annual Financials | English September 2023

Bi-Annual Financials | Sinhala September 2023

Bi-Annual Financials | Tamil September 2023

Bi-Annual Financials | English March 2023

Bi-Annual Financials | Sinhala March 2023

Bi-Annual Financials | Tamil March 2023

Bi-Annual Financials | English Sep 2022

Bi-Annual Financials | Sinhala Sep 2022

Bi-Annual Financials | Tamil Sep 2022

Bi-Annual Financials | English March 2022

Bi-Annual Financials | English March 2021

Bi-Annual Financials | Sinhala March 2022

Bi-Annual Financials | Sinhala March 2021

Bi-Annual Financials | Tamil March 2022

Bi-Annual Financials | Tamil March 2021

Bi-Annual Financials | English Sep 2021

Bi-Annual Financials | English Sep 2020

Bi-Annual Financials | Sinhala Sep 2021

Bi-Annual Financials | Sinhala Sep 2020

Bi-Annual Financials | Tamil Sep 2021

Bi-Annual Financials | Tamil Sep 2020

Bi-Annual Financials | English March 2020

Bi-Annual Financials | Sinhala March 2020

Bi-Annual Financials | Tamil March 2020

Bi-Annual Financials | English Sep 2019

Bi-Annual Financials | Sinhala Sep 2019

Bi-Annual Financials | Tamil Sep 2019

Bi-Annual Financials | English March 2019

Bi-Annual Financials | Sinhala March 2019

Bi-Annual Financials | Tamil March 2019

Bi-Annual Financials | English | Sinhala |Tamil Sep 2018

Bi-Annual Financials | English March 2018

Bi-Annual Financials | Sinhala March 2018

Bi-Annual Financials | Tamil March 2018

Bi-Annual Financials | English Sep 2017

Bi-Annual Financials | Sinhala Sep 2017

Bi-Annual Financials | Tamil Sep 2017

Bi-Annual Financials | English March 2017

Bi-Annual Financials | Sinhala March 2017

Bi-Annual Financials | Tamil March 2017

Bi-Annual Financials | English Sep 2016

Bi-Annual Financials | Sinhala Sep 2016

Bi-Annual Financials | Tamil Sep 2016

Bi-Annual Financials | English March 2016

Bi-Annual Financials | Sinhala March 2016

Bi-Annual Financials | Tamil March 2016

Bi-Annual Financials | English Sep 2015

Bi-Annual Financials | Sinhala Sep 2015

Bi-Annual Financials | Tamil Sep 2015

Bi-Annual Financials | English March 2015

Bi-Annual Financials | Sinhala March 2015

Bi-Annual Financials | Tamil March 2015

LB Finance Interim Financials September 2024

LB Finance Interim Financials June 2024

LB Finance Interim Financials March 2024

LB Finance Interim Financials December 2023

LB Finance Interim Financials September 2023

LB Finance Interim Financials June 2023

LB Finance Interim Financials December 2022

LB Finance Interim Financials March 2023

LB Finance Interim Financials September 2022

LB Finance Interim Financials June 2022

LB Finance Interim Financials March 2022

LB Finance Interim Financials December 2021

LB Finance Interim Financials September 2021

LB Finance Interim Financials June 2021

LB Finance Interim Financials March 2021

LB Finance Interim Financials December 2020

LB Finance Interim Financials September 2020

LB Finance Interim Financials June 2020

LB Finance Interim Financials March 2020

LB Finance Interim Financials December 2019

LB Finance Interim Financials September 2019

LB Finance Interim Financials March 2019

LB Finance Interim Financials June 2019

LB Finance Interim Financials December 2018

LB Finance Interim Financials September 2018

LB Finance Interim Financials June 2018

LB Finance Interim Financials March 2018

LB Finance Interim Financials December 2017

LB Finance Interim Financials September 2017

LB Finance Interim Financials June 2017

LB Finance Interim Financials March 2017

LB Finance Interim Financials December 2016

LB Finance Interim Financials September 2016

LB Finance Interim Financials June 2016

LB Finance Interim Financials March 2016

LB Finance Interim Financials December 2015

LB Finance Interim Financials September 2015

LB Finance Interim Financials June 2015

LB Finance Interim Financials March 2015

LB Finance Interim Financials December 2014

LB Finance Interim Financials September 2014

LB Finance Interim Financials June 2014

Fitch Rating Action Commentary - 2023

Fitch Rating Action Commentary - 2022

Fitch Rating Action Commentary - 2021

Fitch Rating Action Commentary - 2020

Articles of Association

Policy on Environmental, Social and Governance Sustainability

Policy on Board Committees

Policy on Control and Management of Company Assets and Shareholder Investments

Policy on Matters relating to Board of Directors

Policy on Anti-Bribery and Corruption

Policy on Risk Management and Internal Controls

Policy on Corporate Disclosures

Policy on Relations with Shareholders and Investors

Policy on Whistle-blowing

Policy on Corporate Governance, Nomination and Re-election.

Remuneration Policy

Investor FAQs

What is LB Finance’ vision?

To contribute to the quality of life experienced by our depositors, customers, employees, and the general public through partnerships that fuel the growth of our Company and to create shareholder value both in the short term and long term.

What is the ownership structure of LB Finance?

51.75% of the shares of LB Finance are owned by Vallibel One while Royal Ceramics Lanka PLC and other shareholders own 26.07% and 22.18% respectively.

Where is LB Finance Head Office located?

No 275/75, Prof Stanley Wijesundera Mawatha, Colombo 07.

What is LB Finance’ fiscal year?

LB Finance’ year is the 12-month period from 1 April to 31 March.

What is LB Finance’ official accounting currency?

LB Finance’ official accounting currency is the Sri Lankan Rupee (LKR).

Who are the members of the Board of Directors of LB Finance?

Mr. G.A.R.D. Prasanna – Chairman - Mr. Sumith Adhihetty – Managing Director - Mr. Niroshan Udage – Deputy Managing Director - Mr. Ashane Jayasekara – Senior Independent Director - Mr. B.D.A. Perera – Executive Director - Mr. Ravindra Yatawara - Executive Director - Ms. Yogadinusha Bhaskaran – Non-executive Director - Ms. Ashwini Natesan – Non-executive Director - Mr. Dharmadasa Rangalle – Non-executive Director - Ms. Yanika Amarasekera – Independent Non-executive Director

What is the company’s approach to corporate governance?

LB Finance PLC adopts a comprehensive and robust approach to corporate governance, emphasizing transparency, accountability, and sustainable growth. The company’s governance framework is designed to meet the expectations of all stakeholders while ensuring compliance with regulatory requirements. The corporate governance report of our annual report covers the Board leadership, committees and its oversight, transparency and accountability, ethical conduct, and corporate sustainability in detail.

How does the company handle risk management?

As a leading player in Sri Lanka’s Non-Bank Financial Institutions sector, risk management is an integral part of our business model, maintaining a careful balance between profitability, growth aspirations and financial stability. Effective risk management at LB Finance starts with risk awareness across all three lines of defense. The Board of Directors is ultimately responsible for managing risk and is assisted by the Board Integrated Risk Management Committee who have oversight responsibility for risk management. The risk appetite statement is a key policy document at LB Finance, that communicates to the executive function, the risk boundaries within which LB Finance should operate. We have a comprehensive risk management policy framework which facilitates effective identification, measuring, managing, monitoring and controlling of risks faced by the Company. The policies are reviewed annually to ensure that new developments are incorporated ensuring that frameworks are robust. Our risk management approach is explained in detail in the "Integrated Risk Management Report" of the annual report.

Does LB Finance have a sustainability or ESG strategy?

Yes. Our ESG strategy is the heartbeat of our business. We’re dedicated to driving transformative change by leading with purpose, embracing bold environmental actions, fostering inclusive social initiatives, and upholding the highest standards of governance. LB Finance’ ESG policy is available in the downloads section

How can I contact LB Finance?

Please use below contact information or visit our contact us section to find key contacts.

Head Office

No. 275/75, Prof. Stanley Wijesundera Mawatha, Colombo 07, Sri Lanka.

+94 11 2200000

Corporate Office

No. 20, Dharmapala Mawatha, Colombo 03, Sri Lanka.

+94 11 2155000

Investor Relations

Investor Relations

Annual Results 2023/24

Annual Results 2023/24 PDF Version HTML Version Flip Book Version

Key Financials

49,230

Total income

9,564

Profit after tax

202,177

Total assets

43,626

Return on equity

17.26

Earnings per share

Latest Share Price

LB Finance

LKR 79.20

-1%

LB Micro-Site

Dividend Information

Financial Year 2022/23

Financial Year 2023/24

Financial Year 2024/25

Interim Dividend

Final Dividend

Interim Dividend

Final Dividend

Interim Dividend

Final Dividend

Downloads

Investor FAQs

Contact Us

Head Office

Corporate Office

Cookies Disclaimer

Annual Results 2023/24

PDF Version

HTML Version

Flip Book Version