Sri Lanka, May 9 -- DFCC Bank PLC reported some robust financial performance for the three months ended in March 2024, although the core banking performance is yet to contribute meaningfully to the bank's bottom line.

Releasing its interim report for the January-March quarter, the bank reported earnings of Rs.8.94 a share or Rs.3.79 billion, compared to Rs.4.97 a share or Rs.2.01 billion a year ago.

The profit was mainly supported by the Rs.1.88 billion gains it realised from the disposal of part of its government securities portfolio, which was until then recognised as part of the other comprehensive incomes.

These gains were at a nominal Rs.132.8 million in the year earlier period.

The next largest contributor to the bottom line of ...