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Ceylon Petroleum Corporation: What drives the losses?

Ceylon Petroleum Corporation (CPC) is the state-owned enterprise in Sri Lanka with the largest accumulated losses – estimated at LKR 335 billion as of 2020. The insight finds that the CPC sells fuel at prices higher than the cost...

Sri Lankan Airlines: Annual and Accumulated Loss to the Public

The total liabilities of Sri Lankan Airlines have increased over the years and have resulted in the gradual decrease in the net assets value of the company. As per the financial statements published in 2020, the company had a negative net as...

What percentage of shareholding does the Sri Lankan Government have in companies listed on the Colombo Stock Exchange?

What percentage of shareholding does the Sri Lankan Government have in companies listed on the Colombo Stock Exchange? According to the Ministry of Finance&...