Category: Markets
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LOLC Holdings Reports 20% Decline in Profits Due to Rising Interest and Personnel Costs
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Profits at Sri Lanka’s LOLC Holdings, a company with interests in financial services, leisure, and property, including international operations, declined by 20% to 8.12 billion rupees for the quarter ending December 2025, according to interim financial accounts submitted to the Colombo Stock Exchange. The decline in profits is attributed primarily to increased interest expenses, personnel
