Business

LOLC retains top position in 2020

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Sri Lanka’s leading diversified financial conglomerate retained its undisputed top position by securing three top accolades during 2019/20.

LOLC secured the top spot in the LMD 100 ranking as the ‘Most Profitable Listed Company’ by recording a profit after tax of Rs. 19.8 billion. Further, LOLC also rose one more position to secure the second slot in the Business Today Top 30 list for 2019/20 and went on to be named Sri Lanka’s Ten Most Admired Companies for 2020 based on its financial performance, the value created for shareholders, customers, employees and the wider community in general.

LOLC achieved the distinction of being the most profitable listed entity in the country for two consecutive years with a considerable overseas footprint.

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