- Central Finance’s net income for the second quarter reached 3.06 billion rupees, a 25% increase compared to the same period last year.
- Net interest income rose by 10% year-on-year, amounting to 3.53 billion rupees.
- Total operating income surged by 18% year-on-year, totaling 5.08 billion rupees.
- The company received one “buy” rating, with no holds or sells.
A look at Central Finance Co Plc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Central Finance Co Plc, a finance company with investments in various sectors in Sri Lanka, has received positive scores across different factors according to Smartkarma Smart Scores. With a top score in the Value category, the company is deemed to be financially strong and undervalued in the market. Additionally, Central Finance Co Plc has received decent scores in Resilience and Growth, indicating a stable operational performance and potential for future expansion. Although the company scores moderate in Dividend and Momentum, its overall outlook seems promising for long-term investors.
Central Finance Company PLC is a diverse finance company with subsidiaries in concrete and PVC manufacture, plastic trading, vehicle hire, medical services, office space rental, real estate development, and venture capital investments. Their impressive Value score of 5 suggests attractive financial health and undervaluation, while their Resilience score of 4 indicates stability. Growth and Dividend scores of 3 each hint at moderate potential for expansion and dividend payouts, with a Momentum score of 3. Investors eyeing a mix of stability and growth may find Central Finance Co Plc an intriguing long-term prospect.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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