Five State Enterprises Contribute Rs. 757.4 Million in Dividends to Treasury

Colombo, Oct. 8 – Five state-owned enterprises under the Ministry of Industries and Enterprise Development have contributed a total of Rs. 757.4 million in dividends to the Treasury, strengthening state revenues from profitable public sector ventures.

The funds were formally handed over in Parliament to Deputy Minister of Economic Development and Labor Anil Jayanta and Treasury Secretary Harshana Suriya-Peruma by representatives of Lanka Mineral Sands, BCC Lanka Limited, National Salt Company, Lanka Phosphate Company, and Lanka Graphite Limited.

  • Lanka Mineral Sands Acting Chairman Gayan Wellala presented Rs. 500 million, noting the company has earned significant profits in the past nine months and aims for a revenue target of Rs. 5 billion by year’s end.
  • BCC Lanka Limited Chairman H.A. Prasanna Indrajith contributed Rs. 50 million, highlighting the company’s turnaround from years of losses to securing Rs. 105 million in fixed deposits this year.
  • National Salt Company, also chaired by Wellala, handed over Rs. 100 million, recovering strongly from an earlier salt shortage and expecting its highest-ever annual production in 2025.
  • Lanka Phosphate Company Chairman Ananda Premakumara confirmed Rs. 100 million would be remitted next week, with the balance reinvested in company development.
  • Lanka Graphite Limited Chairman P.V.A. Hemalal reported a Rs. 7.4 million dividend — the company’s first contribution to the Treasury in 14 years.

Officials said the total represents half-yearly dividend payments, with further contributions expected before the end of the year.

The handover ceremony was attended by Minister of Industries and Enterprise Development Sunil Handunnetti, Deputy Minister Chathuranga Abeysinghe, Ministry Secretary Thilaka Jayasundara, and other senior officials.


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