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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » SFS Swarnamahal Financial Services

SFS Swarnamahal Financial Services

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1SFS   Swarnamahal Financial Services  Empty SFS Swarnamahal Financial Services Sat Jul 16, 2011 1:25 pm

GJ


Manager - Equity Analytics
Manager - Equity Analytics

High low
126.00 35.00

Issued shares 25m

FINANCIAL SERVICES
Fixed Deposits
Pawning
Hire Purchase
Leasing

Established 2004
Quoted Date 2011
Sector Banks Finance & Insurance

16th pawning centre

for customers: 2.5m shars at 20.00

Swarnamahal Financial Services (SFS) has seen its profits grow by 10 times in 2010
EAP Group of Companies Director Nalaka Edirisinghe said SFL in
2010 recorded a before tax net profit of Rs. 82.6 m up from
Rs. 8.5 million in 2009.

He further added that the gross income which was Rs.295 m in 2009 had
increased by 58% to Rs. 466 million last year.
(issued Saturday, 06 January 2011)


Swarnamahal Financial Services PLC is an associate company of the EAP Edirisinghe
Group of Companies,
incorporated in 2004 and registered by the Monetary Board of the Central
Bank of Sri Lanka.
SFS is currently chaired by Dr. Soma Edirisinghe and Jeewaka Edirisinghe
is the company’s Deputy Chairman.
Other members of the Board of Directors include
Nalaka Edirisinghe,
Deepa Edirisinghe,
Sameera Ganegoda (CEO),
Mahendra De Silva,
Sunil Abayaratne,
Guy De Silva and
Ajith Weerasinghe

directors bought just 10000 shares at 45.00(by announcements)

why price is going up without any records or any special news

this is my opinion

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