Suresh de Mel appointed as Chairman of Citrus Leisure Group companies ft.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ft.lk Daily Mail and Mail on Sunday newspapers.
Today in Sri Lanka a trainee in this field draws an average salary of Rs 15,000 – 35,000 and after an year if he / she is updated with the current technology trends , he / she may be able to draw a salary in the region of Rs 150,000 .
But many in Sri Lanka are not aware that there are better opportunities in this field and the only thing needed is dedication and commitment to be a creative entrepreneur.
With the introduction of the computer, the speed of communication has increased drastically . It’s not necessary to possess expensive equipment such as printing machines / transformers or complex networks such as postal / courier networks, but a person with a computer or a smart phone has the opportunity to dessiminate information at a very high speed to anywhere in the world .
Commercial Leasing & Finance PLC (CLC) delivered a powerhouse financial performance despite the wider economic and industry volatility caused by the COVID-19 pandemic. CLC recorded excellent numbers for the first nine months of the financial year ending December 31 2020, despite challenging market conditions faced by the Non-Banking Financial Institution (NBFI) industry.
Profit Before Tax grew to Rs. 2.3 Bn as at December 31, 2020, over the first nine months of the financial year under review. CLC recorded Profit After Tax of Rs. 1, 922 Mn, reflecting an increase of 65% over the previous year. Cost of funds reduced by 23% while overheads increased by only 3%. The company’s performance is a result of excellent management of its Non-Performing Loans (NPLs) and cost of funds, while sustaining revenues by maintaining its product mix optimally.