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SRI LANKA'S HATTON NATIONAL BANK SEPT NET UP 6 PCT.

AsiaPulse News

| December 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

COLOMBO, Dec 1 Asia Pulse - Sri Lanka's Hatton National Bank group profits were up 6 per cent to 807.3 million rupees with revenues up 16 per cent to 9,665.3 million rupees (US$89 million) in the 9-months to September, accounts filed with the Colombo Stock Exchange showed.

At stand alone bank level, net profits were up 27 per cent to 989.9 million rupees on revenues of 9,374 million rupees, up 20 per cent.

Group interest income grew 14 per cent to 8,145 million rupees and interest expense 18 per cent to 5,112 million rupees, while net interest income grew at a slower 9 per cent to 3,042 million rupees.

Fee income grew 24 per cent to 1,510 million rupees, with forex exchange income ...

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Source: HighBeam Research, SRI LANKA'S HATTON NATIONAL BANK SEPT NET UP 6 PCT.

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