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Profit Slide Exposes Deep Fault Lines in Sri Lanka’s State Enterprises - LNW Lanka News Web
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Profit Slide Exposes Deep Fault Lines in Sri Lanka’s State Enterprises - LNW Lanka News Web
By: Staff WriterNovember 04, Colombo (LNW): Sri Lanka’s State-Owned Enterprises (SOEs) recorded a sharp downturn in overall profitability during the first half of 2025, with total profits falling to Rs. 227.8 billion, down from Rs. 280.7 billion in the same period last year, according to the Finance Ministry’s Mid-Year Fiscal Position Report released on October 31.The slump was primarily driven by the Ceylon Electricity Board (CEB), which revers…
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