The estimate is higher in comparison to Rs. 1.02 billion profit achieved in 2010/11 financial year. In FY 2009/10 LB Finance’s profit was Rs. 500 million.The forecast by JKSB is carried in an earnings update on LB Finance, excerpts of which are below.
http://www.ft.lk/2011/06/14/jksb-forecasts-lb-finance-to-post-rs-1-4-billion-profit-in-fy12/