header logo
SLIC
Rhythms of Lanka
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
President Anura Kumara vows not to exercise powers  beyond constitutional limits

President Anura Kumara vows not to exercise powers beyond constitutional limits

Lanka Coal Company says around 40 coal shipments  scheduled to arrive next year

Lanka Coal Company says around 40 coal shipments scheduled to arrive next year

 President meets BASL members to discuss proposal on judges’ retirement age extension

President meets BASL members to discuss proposal on judges’ retirement age extension

 Former MP Patali Champika says judicial independence cannot be treated like a company

Former MP Patali Champika says judicial independence cannot be treated like a company

Chief Prelate of Malwathu Chapter says no response received to letter on judges’ retirement age

Chief Prelate of Malwathu Chapter says no response received to letter on judges’ retirement age

Minister T.B. Sarath says neurotech machinery to be introduced to agriculture sector

Minister T.B. Sarath says neurotech machinery to be introduced to agriculture sector

Rosamund Pike says Sri Lanka nears completion of landmine clearance after 25 years of progress

Rosamund Pike says Sri Lanka nears completion of landmine clearance after 25 years of progress

Sri Lanka suspended executions in 1975; Will President Anura Kumara sign an execution order?

Sri Lanka suspended executions in 1975; Will President Anura Kumara sign an execution order?

Lanka Metro Transit to roll out  112 more low-floor buses in September

Lanka Metro Transit to roll out 112 more low-floor buses in September

SLPP General Secretary Sagara Kariyawasam released on bail Court imposes foreign travel ban

SLPP General Secretary Sagara Kariyawasam released on bail Court imposes foreign travel ban

 “This is nothing but a dishonest move” Fresh debate over proposal to extend judges’ retirement age

“This is nothing but a dishonest move” Fresh debate over proposal to extend judges’ retirement age

Cardinal opposes death penalty; Colombo Archdiocese reaffirms support for Easter Sunday victims

Cardinal opposes death penalty; Colombo Archdiocese reaffirms support for Easter Sunday victims

“Is this really the country’s biggest problem?” Sajith questions judges’ retirement age proposal

“Is this really the country’s biggest problem?” Sajith questions judges’ retirement age proposal

Govt. defends 22A draft gazette Opposition says govt. demonstrating a dictatorial approach

Govt. defends 22A draft gazette Opposition says govt. demonstrating a dictatorial approach

“I stayed on until tariff was brought down” Mahinda Samarasinghe rules out return to active politics

“I stayed on until tariff was brought down” Mahinda Samarasinghe rules out return to active politics

Lassana Flora