Sri Lanka, Nov. 6 -- The Deputy Minister made this statement in response to media reports that State-Owned Enterprises reported mixed financial performance in the first half of 2025. "This wealth is created from the capital of the public and is in line with market needs and efficiency. The overall profit has decreased compared to the previous year due to the non-revision of electricity tariffs and the foreign exchange gain of SriLankan Airlines," he said.
The Deputy Minister said that there are several loss-making enterprises that have been rendered ineffective by corrupt and incompetent individuals. "A restructuring process has begun to make these enterprises profitable. The revenue received by the Treasury from state institutions can b...
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