Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» #PM Crisis#
by ruwan326 Today at 6:48 am

» TBs worth Rs.14.2 bn issued to SriLankan in 2012
by ruwan326 Today at 6:42 am

» MARKET RISE - GUARANTEED
by samaritan Yesterday at 9:22 am

» ##FUN TOONS###
by ruwan326 Yesterday at 7:52 am

» SRI LANKA @ 2020
by ruwan326 Yesterday at 7:24 am

» Financial Reports Q-3 2018
by ruwan326 Fri Nov 16, 2018 9:39 pm

» Dealing by directors
by ruwan326 Fri Nov 16, 2018 9:08 pm

» Summary of Key Announcements during the week
by ruwan326 Fri Nov 16, 2018 9:06 pm

» Daily Foreign Transactions
by ruwan326 Fri Nov 16, 2018 9:05 pm

» CSE WEEKLY
by ruwan326 Fri Nov 16, 2018 9:02 pm

» BFN Price HOLDING ON AS THE DEAL COME CLOSER
by sanjulanka Fri Nov 16, 2018 1:29 pm

» Another Finance sector deal UBC UBC UBC Deal
by kalu351 Fri Nov 16, 2018 10:56 am

» BFN BFN BFN BFN BFN DEAL ......WITH CHINESE BANK
by kalu351 Fri Nov 16, 2018 10:54 am

» MARKET CRASH - GUARANTEED
by Maharaja Fri Nov 16, 2018 9:32 am

» Q-TO-Q Financial Report-Financial Performance- Period ended 30 September 2018
by ruwan326 Thu Nov 15, 2018 9:00 pm

» CB raises key rates in surprise move to support currency
by Miss-Sangeetha Thu Nov 15, 2018 4:59 pm

» President rejects NCM brought against PM, Govt.
by ranferdi Thu Nov 15, 2018 2:36 pm

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by ruwan326 Thu Nov 15, 2018 1:59 pm

» Supreme Court issues stay order on Gazette dissolving Parliament
by THUWA Wed Nov 14, 2018 5:28 pm

» CSE THIS WEEK
by ruwan326 Wed Nov 14, 2018 8:27 am

» Veterans return to lead state banks
by ruwan326 Wed Nov 14, 2018 8:21 am

» Collect ODEL Range Rs. 23-25 .......Target Price over Rs.35
by soileconomy Tue Nov 13, 2018 8:54 pm

» අනං## මනං ##
by ruwan326 Tue Nov 13, 2018 8:52 pm

» JKH News & Reports
by ruwan326 Tue Nov 13, 2018 8:11 pm

» Survey - Individual Investors' Behaviour and Investment Performance
by eroshans Tue Nov 13, 2018 3:49 pm

» USD/MXN Can Face A Bearish Reversal
by GersonH Mon Nov 12, 2018 10:22 pm

» EURUSD breaks major horizontal support
by GersonH Mon Nov 12, 2018 10:18 pm

» EURCHF is headed south
by GersonH Mon Nov 12, 2018 10:14 pm

» EURUSD: the pair is close to the lower boundary of the B-B channel
by GersonH Mon Nov 12, 2018 10:12 pm

» Parliament dissolved from midnight ????????
by Yahapalanaya Mon Nov 12, 2018 6:24 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » SLPA EARNED 11B IN 2016

SLPA EARNED 11B IN 2016

Go down  Message [Page 1 of 1]

1 SLPA EARNED 11B IN 2016 on Fri Mar 10, 2017 6:10 pm

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
SLPA earned a profit of Rs 11 billion in 2016 – Arjuna
March 9, 2017  11:25 pm
           



Sri Lanka Ports Authority had earned a profit of 11 billion rupees in 2016 showing an 83 percent increment in relation to the previous year, Minister of Ports and Shipping Arjuna Ranathunga said. 
He declared these financial records officially while addressing a media conference held in the auditorium of the Ministry of Ports and Shipping on today (9) to reveal the financial progress of the Sri Lanka Ports Authority (SLPA). 
Sri Lanka Ports Authority had to face many challenges to accomplish these substantial achievements, he emphasized.
“Sri Lanka Ports Authority had earned an income of 44 billion rupees in the previous year. After the deduction of operational expenditure, expenditure on administration, expenditure on loan interests and other expenditure from the total income Sri Lanka Ports Authority had earned a profit of 11 billion rupees over the previous year.” 
“Thereby amount of profit has increased by 5 billion rupees in relation to year 2015. It means Sri Lanka Ports Authority had earned a profit of 6 billion rupees in 2015. Thereby Sri Lanka Ports Authority has increased its income by 83 percent in one years’ time,” Minister Ranathunga said.
Sri Lanka Ports Authority had to face many challenges to achieve this victories position, he said. 
He added that: “Now there is a tendency in the maritime industry to use large vessels instead of small vessels. Therefore we need a permanent solution for this problem. I think, initiating operations in the Eastern terminal is the permanent solution for this issue. Now we are discussing with an investor to initiate operations in the Eastern terminal. 
“However we will take substantial decision which will provide more advantages to the country.”
“Employees of the Sri Lanka Ports Authority are satisfied now. Few union leaders delivered wrong opinions to the employees. But all the employees have understood the real situation. Now employees have a direct relationship with us. We have appointed Housing committees, transfer committees and promotion committees to resolve problems related to employees....,” Minister Ranathunga said

- See more at: http://www.adaderana.lk/news/39524/slpa-earned-a-profit-of-rs-11-billion-in-2016-arjuna#sthash.51gl4n3s.dpuf

SOME PEOPLE CANNOT DIGEST!!!!!!!!!    Very Happy Very Happy Very Happy

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum