FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

 Fitch Affirms and Withdraws Sinhaputhra Finance's 'B(lka)' Rating   Vote_lcap68% Fitch Affirms and Withdraws Sinhaputhra Finance's 'B(lka)' Rating   Vote_rcap 68% [ 178 ]
 Fitch Affirms and Withdraws Sinhaputhra Finance's 'B(lka)' Rating   Vote_lcap18% Fitch Affirms and Withdraws Sinhaputhra Finance's 'B(lka)' Rating   Vote_rcap 18% [ 47 ]
 Fitch Affirms and Withdraws Sinhaputhra Finance's 'B(lka)' Rating   Vote_lcap13% Fitch Affirms and Withdraws Sinhaputhra Finance's 'B(lka)' Rating   Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» TILE / LWL / RCL
by Thushara Ayya Today at 5:16 pm

» HSenid IPO
by rukshan1234 Today at 5:14 pm

» LANKA REALTY INVESTMENTS PLC -ASCO
by Thushara Ayya Today at 5:09 pm

» BAIRAHA FARMS PLC (BFL.N0000)
by lion Today at 4:54 pm

» LOLC waiting for LOFC 100+ and CLC 100+
by Surajmp Today at 3:25 pm

» Key Plantation Company Fair Values - KOTA, TPL and KVAL with very High Upside
by Swissinvest Today at 3:13 pm

» Month end impact on LOFC and CLC
by Swissinvest Today at 3:05 pm

» Water For All - CIND
by ErangaDS Today at 2:20 pm

» U.S. inflation is one of the highest in the world
by ResearchMan Today at 2:09 pm

» Oil Plummets
by ResearchMan Today at 2:07 pm

» LOFC Direction
by Winner123 Today at 2:02 pm

» ASPI Trend
by hotstock Today at 12:45 pm

» GEMS at LOW price TYRE. RICH.
by Chathur Today at 11:30 am

» NAMU/WATA super gain
by Kaptivajkss Today at 11:30 am

» KOTAGALA PLANTATION PLC (KOTA.N0000)
by jehan008 Yesterday at 11:36 pm

» HEMAS HOLDINGS PLC (HHL.N0000)
by LAMDA Yesterday at 11:35 pm

» CFLB hidden gem
by LAMDA Yesterday at 11:34 pm

» Hidden Gem - GLAS - 40/- Soon
by LAMDA Yesterday at 11:29 pm

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by Kaptivajkss Yesterday at 3:53 pm

» ASCO get ready for run
by SAGA Yesterday at 3:27 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ »  Fitch Affirms and Withdraws Sinhaputhra Finance's 'B(lka)' Rating

Fitch Affirms and Withdraws Sinhaputhra Finance's 'B(lka)' Rating

3 posters

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

04 Apr 2013 5:54 AM (EDT)
Fitch Ratings-Colombo/Seoul/Singapore-04 April 2013: Fitch Ratings Lanka has affirmed Sri-Lanka-based Sinhaputhra Finance PLC's (SFL) National Long-Term rating of 'B(lka)' with Stable Outlook and simultaneously withdrawn the rating.

Rating Action Rationale

SFL's rating reflects its weak asset quality, limited provisions against non-performing loans as well as its low profitability relative to higher rated peers.

Fitch has withdrawn the rating as SFL has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the rating. Accordingly, Fitch will no longer provide ratings or analytical coverage for SFL.

Contact:
Primary Analyst
Prasanka Rajapaksha, CFA
Assistant Vice President
+ 94 11 254 1900
Fitch Ratings Lanka Limited
Level 15-04 East Tower, World Trade Centre
Colombo 01, Sri Lanka

Secondary Analyst
Natasha Alles
Analyst
+94 112541900

Committee Chairperson
Jonathan Lee
Senior Director
+886 2 8175 7600

Media Relations: Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com.

Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings. The best risk within a country is rated 'AAA' and other credits are rated only relative to this risk. National ratings are designed for use mainly by local investors in local markets and are signified by the addition of an identifier for the country concerned, such as 'AAA(lka)' for National ratings in Sri Lanka. Specific letter grades are not therefore internationally comparable.

Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable criteria, 'Global Financial Institutions Rating Criteria', dated 15 August 2012, 'National Ratings Criteria', dated 19 January 2011, and 'Finance and Leasing Companies Criteria', dated 11 December 2012, are available on www.fitchratings.com.

Applicable Criteria and Related Research
Global Financial Institutions Rating Criteria
National Ratings Criteria
Finance and Leasing Companies Criteria

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.
http://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=787502&origin=home

hawklk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Why nobody interested in this share.......very low trading.....why?

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics


Illquid share and retail holding lesser.


@hawklk wrote:Why nobody interested in this share.......very low trading.....why?

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum