header logo
Mogo Academy
Latest
Colombo Port generates Rs. 32 billion profit in first 8 months of 2025
Oct 09, 202511:14 AM
Colombo Port generates Rs. 32 billion profit in first 8 months of 2025
Mobitel Inner

The Colombo Port has recorded a net profit of Rs. 32.2 billion (after tax) during the first eight months of 2025, the Ministry of Transport, Highways, Ports, and Civil Aviation stated.

 

The Ministry stated that the net profit for the same period in 2024 was Rs. 18.9 billion, reflecting an increase of approximately Rs. 13 billion, which translates to a 71% growth.

 

The estimated profit target for the first eight months of 2025 was around Rs. 21 billion, the Ministry noted.

 

According to the Sri Lanka Ports Authority (SLPA), this remarkable financial performance is the result of ongoing development projects, improved operational efficiency, a 6% growth in container handling compared to the first eight months of 2024 and the completion of major infrastructure projects such as the Eastern Terminal and Jaya Container Terminal, which are expected to further increase capacity in the near future.

 

The SLPA also attributed the profit surge to renewal of terminal service agreements, increased capacity, and effective cost management.

 

The Ports Authority has stated that these profits would be utilised to implement strategic plans aimed at positioning the Colombo Port as a regional transshipment hub.

 

 

 

MostRead
Mobitel Upahara
VideoStories
Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

“Democracy must be defended from elected leaders” - Former BASL President

“Democracy must be defended from elected leaders” - Former BASL President

Multiple raids conducted at hospitals and medical labs to safeguard public safety

Multiple raids conducted at hospitals and medical labs to safeguard public safety

Cardinal Ranjith files intervening petition seeking dismissal of Suresh Sallay's plea

Cardinal Ranjith files intervening petition seeking dismissal of Suresh Sallay's plea

 Negombo Prison clash : Further hearing of case adjourned until July 23

Negombo Prison clash : Further hearing of case adjourned until July 23

Minister Lalkantha asserts no further increase in paddy prices despite farmer protests

Minister Lalkantha asserts no further increase in paddy prices despite farmer protests

Dengue cases rise to 72,430 islandwide as prevention programmes continue in 63 MOH divisions

Dengue cases rise to 72,430 islandwide as prevention programmes continue in 63 MOH divisions

Opposition submits UN complaint over proposal to extend judges’ retirement age

Opposition submits UN complaint over proposal to extend judges’ retirement age

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Legal gambling can generate significant state revenue  - Dr. Harsha de Silva at CoPF

Legal gambling can generate significant state revenue - Dr. Harsha de Silva at CoPF

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

Lassana Flora