Development Lotteries Board records historic Rs 3.6 Billion profit in 2023
Sri Lanka, March 29 -- In 2023, the Development Lotteries Board (DLB) achieved its highest-ever profit in its 40-year history. This marked a significant milestone as the DLB recorded a profit margin of 32% for the fiscal year 2022-2023, double the previous year's figure.
The Development Lotteries Board achieved this remarkable milestone in 2023, recording its highest-ever profit of Rs. 3.6 billion. A significant portion of this record-breaking profit, also amounting to Rs. 3.6 billion, was allocated to the President's Fund.
Moreover, the total contribution to the government reached an unprecedented Rs. 5.1 billion, marking a remarkable 32% increase in profit margin compared to the previous year.
Consequently, contributions to both the ...
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