Nalin Fernando, Minister of Trade, turns Lanka Sathosa Profitable: After ten years, the company makes a profit of 200 million! I Sri Lanka Latest News

According to internal sources of Lanka Sathosa, after 10 years, Lanka Sathosa has made a profit of over 200 million rupees for the year 2023. Sri Lanka Latest News When the Minister of Trade, Commerce and Food Safety Mr. Naleen Fernando took over the ministry, Lanka Sathosa was a loss-making institution. During the last difficult period, the Minister appointed Mr Pasanda Yapa Abeywardena as the chairman of Lanka Sathosa and entrusted him with the challenge of making Lanka Sathosa a profitable institution.

Minister Naleen Fernando is also a former chairman of Lanka Sathosa. He was an experienced minister who appointed Lanka Sathosa as a profitable institution during his tenure. After 10 years after that, in the year 2023, Lanka Sathosa’s operating profit will be twelve thousand (1.2 billion). It is reported that the interest to be paid for the loans taken by Lanka Sathosa in the past is one billion rupees.

After paying all these loans, interest and taxes, a record profit of 200 million rupees has been made for the year 2023. The Board of Directors of Lanka Sathosa has decided to give an amount of 5000 rupees and a product voucher worth five thousand rupees as an incentive for Lanka Sathosa employees for the new year 2024.

Exit mobile version