Sri Lanka’s CEB profits plunge 85-pct in September quarter

ECONOMYNEXT – Profits of Sri Lanka’s state-run Ceylon Electricity Board fell 85 percent to 3.5 billion rupees, with revenues down 2 percent, interim accounts show. Quarter on quarter profits were down from 5.3 billion rupees in June. At group level profits were 466 million rupees, down from 29 billion rupees last year. Last year’s profits were boosted by other income and gains. CEB revenues fell 2 percent from to 118.9 billion rupees in the September 2025 quarter, from 120.8 billion rupees a year go, and cost of sales went up 12 percent to 115.8 billion rupees. Gross profits contracted 83…

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