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lanka matrimony

First Capital posts PAT of Rs. 136 mn for Q1 2021/22

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The Group’s Primary Dealer arm reported a Profit after Tax of LKR 54Mn for the quarter ended 30thJune 2021 (1stQuarter of20/21– LKR 1.36Bn).The results include net interest income of LKR 129Mn and a trading loss on sale of government securities amounting to LKR 24Mn (1stQuarter of 20/21– Net interest income of LKR 163Mn and a trading gain of LKR 1.62Bn).

The Corporate Finance division recorded a Profit after Tax of LKR 35Mn for the quarter ended 30thJune 2021 (1stQuarter of 20/21– LKR 188Mn). The results include fee income on structuring and placement of corporate debt securities of LKR 16Mn and trading gain on sale of corporate debt/equity securities of LKR 36Mn. The Wealth Management division showed a growth in its fee-based income and reported a Profit after Tax of LKR 22Mn for the quarter ended 30thJune 2021 (1stQuarter of 20/21– LKR 15Mn). The assets under management of the division stood at Rs. 45.6Bn as of 30thJune 2021 (1st Quarter of 20/21– Rs. 27.9Bn).

Furthermore, the Group’s Stock Brokering division showed a strong performance recording a Profit after Tax of LKR 24Mn for the quarter ended 30th June 2021 (1stQuarter of 20/21– LKR 5Mn).

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