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People’s Leasing & Finance PLC Reports Steady Growth in FY 2023/24, Demonstrating Resilience and Strategic Agility We're thrilled to announce the impressive financial performance of People’s Leasing & Finance PLC for the fiscal year 2023/24. Despite challenging economic conditions, the company has exhibited remarkable resilience and strategic foresight, achieving a significant 17.3% increase in Profit After Tax (PAT) to Rs. 3,541 million.Throughout the year, People’s Leasing & Finance PLC strategically managed market dynamics, with limited decline in Interest Income amidst reduced interest rates. The company implemented effective collection strategies and impairment reversal measures, contributing to a healthy average collection ratio. Notably, the second half of the year saw a robust performance, with a notable PAT of Rs. 2,438 million.Total loans and receivables portfolio showed improvement, reaching Rs. 103,650 million, reflecting the company's commitment to optimizing asset quality. Moreover, with strong liquidity position and capital adequacy ratios exceeding regulatory requirements, People’s Leasing & Finance PLC maintains financial stability.Congratulations to the entire team at People’s Leasing & Finance PLC for this outstanding achievement! #Finance #SriLanka #FinancialServices #Growth #Resilience #Agility
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PLC Annual Report 2023/24 - insights at your fingertipsWe are delighted to share that our Annual Report for 2023/24 is now available! This comprehensive report details our significant milestones, financial performance, and the impactful initiatives we've implemented over the past year.At PLC, we believe in transparency and open communication with our stakeholders. This report is a testament to our dedication to excellence and our unwavering commitment to our mission.We are immensely grateful for your continued support and partnership. Your trust and collaboration have been pivotal to our success. We invite you to read the full report and join us in reflecting on a year of remarkable progress and setting our sights on future opportunities.Thank you for being an integral part of our journey. Let's continue to achieve great things together!Click to view now : https://shorturl.at/irr42
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People’s Leasing and Finance PLC (PLC) Al-Safa Unit, Sri Lanka’s first full-service non-banking Islamic finance provider, has offered reliable Shariah-compliant products and services. Renowned for high-quality, customer-centric services, Al-Safa caters to those seeking comprehensive Shariah-compliant financial solutions. Committed to innovation within Shariah principles, PLC Al-Safa enhanced its Shariah Supervisory Board to ensure continuous review and compliance, maximizing value, flexibility, and innovation in its offerings over the past two decades.Click to read more - https://shorturl.at/AIITR #TheTrustedLeader #PeoplesLeasing #PLC
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We are thrilled to announce that People’s Leasing has been ranked among the top 3 in the LMD Readers’ Most Loved Brands, under the Finance and Leasing category. This recognition is a testament to the trust and support you have bestowed upon us. As we celebrate this milestone, we reaffirm our commitment to excellence. We pledge to continue enhancing our services and strive to remain your trusted leader in the Finance and Leasing sector. Here’s our heartfelt gratitude to each one of you for your unwavering love and support.#LMD #PLC #PeoplesLeasing #TrustedLeader
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Earth Day prompts us to renew our commitment to eco-consciousness, an intrinsic part of PLC's corporate ethos.#TheTrustedLeader #PeoplesLeasing #PLC
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At People's Leasing & Finance, we believe clear goals are the roadmap to getting you there.They provide direction, clarity, and the motivation you need to make smart financial decisions.By setting a goal, you can, Prioritize spending: Knowing what you're saving for helps you avoid unnecessary expenses.Save effectively: Goals give your saving a purpose, making it easier to stick to a plan.Work towards a secure future: Visualizing your long-term goals keeps you focused and committed.Let People's Leasing & Finance be your partner on your financial journey.We offer a variety of products and services to help you achieve your goals.#TheTrustedLeader #PeoplesLeasing #PLC
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Introducing Sri Lanka’s 1st EDGE-Certified Green Building: Classique by PLC. Designed around sustainability, it’s a fusion of innovation and green practices, redefining finance. Under visionary leadership, PLC pursued EDGE Certification, a benchmark for efficiency. Chairman Mr. Pradeep Amirthanayagam expressed pride, highlighting environmental commitment. Classique integrates rainwater harvesting, renewable energy, and electric vehicle charging, supporting eco-friendly initiatives. It offers premium financial services with personalized support and digital convenience. Achieving EDGE Certification, Classique sets a new standard for sustainability and innovation, delivering top-notch services from People’s Leasing and Finance PLC. Join us in our ‘Go Green’ journey.#TheTrustedLeader #PeoplesLeasing #PLC
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Empowering a Sustainable Future!Explore PLC's customized Lease Scheme for solar energy adoption. Enjoy competitive interest rates and flexible lease limits. Join us in driving sustainable energy solutions and shaping a greener tomorrow!#TheTrustedLeader #PeoplesLeasing #PLC
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The PLC eDoc is a milestone achievement in streamlining operations and minimizing paper consumption. This revolutionary product offers customers and the business a centralized portal to access and manage all electronic documents seamlessly. From traditional receipts to SMS communications and customer correspondences, PLC eDoc consolidates diverse document types into a user-friendly platform. Customers can now conveniently download and share their digital receipts as well, eliminating the need for physical copies and reducing paper waste.
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Join PLC in our commitment to preserving marine life and coastal cleanliness for a sustainable tomorrow!#TheTrustedLeader #PLC
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