annual report – Newswire https://www.newswire.lk Sri Lanka's largest News aggregator Fri, 02 Jun 2023 12:44:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.7 https://www.newswire.lk/wp-content/uploads/2020/05/favicon.png annual report – Newswire https://www.newswire.lk 32 32 Airport Aviation 2022 : Income & Profit details released https://www.newswire.lk/2023/06/02/airport-aviation-2022-income-profit-details-released/ Fri, 02 Jun 2023 12:07:27 +0000 http://www.newswire.lk/?p=118848

The Airport and Aviation Services (Sri Lanka) (Private) Limited  (AASL) recorded a total revenue of Rs. 27,647 million and aContinue Reading

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The Airport and Aviation Services (Sri Lanka) (Private) Limited  (AASL) recorded a total revenue of Rs. 27,647 million and a net profit after tax of Rs. 4,803 million, according to the company’s annual report for the year 2022.

According to a statement by the AASL, the company also contributed Rs. 1,983 million to the government of Sri Lanka in the financial year 2022. 

AASL, which is a fully government-owned company with statutory powers to manage and develop civil international airports in Sri Lanka, released its annual report for the year 2022 on May 30, 2023.

It is the appointed agent of the Government of Sri Lanka to discharge its duties in the capacity of a member of the International Civil Aviation Organization (ICAO).

AASL was able to publish the Annual Report 2022 in all three languages on May 31, 2023, as per the guidelines of the Good Corporate Governance Act. 

The AASL further stated that as a result of the dedication of the management team at AASL, the company was able to publish the report prior to the deadlines.

AASL manages and operates Bandaranaike International Airport (BIA), Mattala Rajapaksa International Airport (MRIA), Colombo International Airport Ratmalana (CIAR), Batticaloa Airport (BTA), and Jaffna International Airport (JIA).

Following is a summary of the AASL’s Annual Report 2022:

  1. AASL Year at a Glance – 2022:
    • International Passenger Movements: 5,503,198.
    • International Aircraft Movements: 37,641.
    • Cargo: 173,597 MT.
    • Overflying Movements: 23,846.
    • Number of Employees: 3,854.
  2. Financial Review – 2022:
    • Revenue: LKR 27,647 Mn (2021: LKR 7,879 Mn).
    • Finance Income: LKR 6,137 Mn (2021: LKR 3,321 Mn).
    • Operational Profit: LKR 12,705 Mn (2021: LKR -3,776 Mn).
    • Profit after Tax: LKR 4,803 Mn (2021: LKR -2,084 Mn).
    • Assets: LKR 179,530 Mn (2021: LKR 126,844 Mn).
  3. AASL Contribution to the Government in 2022:
    • LKR 1,983 Million.
  4. AASL Investment in 2022:
    • LKR 88,308 Million.
  5. Number of International Tourists served by the company: 719,978.
    • Top 5 Tourist Source Markets:
      • India: 123,004.
      • Russia: 91,272.
      • United Kingdom: 85,187.
      • Germany: 55,542.
      • France: 35,482. (NewsWire)

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CBSL 2022 Annual Report released: Summary report https://www.newswire.lk/2023/04/27/cbsl-2022-annual-report-released-summary-report/ Thu, 27 Apr 2023 11:32:00 +0000 http://www.newswire.lk/?p=115753

The Annual Report of the Central Bank of Sri Lanka (CBSL) 2022 was presented to the Minister of Financial, PresidentContinue Reading

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The Annual Report of the Central Bank of Sri Lanka (CBSL) 2022 was presented to the Minister of Financial, President Ranil Wickremesinghe today (27).

The report was presented by the Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe to the President, at the Finance Ministry.

According to the President’s Media Division (PMD), presented as the 73rd Annual Report of the CBSL, this report consists of four main parts.

Accordingly, the first part consists of 08 chapters and 30 sub-chapters explaining the state of the economic affairs of the year, while the second part consists of a collection of gazettes and circulars related to various policy measures taken by the Government and the CBSL. The third part of this report explains the departments of the CBSL and their related roles and the fourth part includes a list of laws and ordinances related to the banking system connected to the Government and the CBSL.

In accordance with Section 35 of the Monetary Law Act, the Monetary Board of the CBSL is required to produce an annual report on the economic conditions and the policies taken for that year and submit it to the Minister of Finance within four months after the end of the relevant year.

Secretary of the Ministry of Finance Mr Mahinda Siriwardana, Director of the Economic Research Department of the Central Bank of Sri Lanka Dr. P.K.G.Harishchandra, Additional Directors of Economic Research Dr. S. Jegajeevan and Dr. L. R. C. Pathberiya participated in this event.

A summary of the performance of the Sri Lankan economy in 2022 as per the report is as follows:

 

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