ECONOMYNEXT – Sri Lanka state-owned National Paper Company Limited (NPCL) has turned the losses into operational profit and has started to repay most of its dues from 2020 though the biggest overdue is for the electricity bills, its chairman R M S Upali Rathnayake said. “We are now making an operational profit and have started to repay most loans the company borrowed after 2020,” Rathnayake told a media brief on Monday in Colombo. “We borrowed 140 million rupees to resume the operation in 2020. Now we have started to repay 5 million past arrears of this as well.” Rathnayake said…
Sri Lanka’s paper SOE makes operational profit, repays power arrears
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