Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

CPC makes LKR 103.5Bn Gross profit during 2018-22, but ends up with LKR 812.5Bn loss

OtherApr 11, 2024
CPC makes LKR 103.5Bn Gross profit during 2018-22, but ends up with LKR 812.5Bn loss

Ceylon Petroleum Corporation (CPC) has generated LKR 103.5Bn gross profit during 2018-22. However, it’s made an operating loss of LKR 57Bn for the same period. It is interesting to note CPC ends up with LKR 812.5Bn loss (before tax) largely due to foreign exchange variation.

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