The Colombo Port has recorded a net profit (after tax) of Rs. 32.2 billion during the first eight months of 2025, according to the Ministry of Ports.
In comparison, the net profit earned during the first eight months of 2024 stood at Rs. 18.9 billion.
This marks an increase of approximately Rs. 13 billion year-over-year, reflecting a growth rate of 71%.
The estimated profit for the first eight months of 2025 was around Rs. 21 billion, but actual earnings exceeded this target by Rs. 11 billion.
As a result of continuous development projects and improved service efficiency, container handling has shown a growth of approximately 6% compared to the same period in 2024.
With the completion of infrastructure such as the East Terminal and the Jaya Container Terminal, further capacity expansion is anticipated, according to the Sri Lanka Ports Authority.
The Authority attributes the surpassing of profit targets to factors such as increased revenue from renewed terminal service agreements, enhanced capacity, and effective cost management.
It further states that these profits are expected to be utilized in implementing future plans to position the Colombo Port as a regional transshipment hub. (Newswire)