Ports Authority posts Rs. 4.08 bn net profit in 2012

Wednesday, 06 March 2013 - 13:02



The Ports Authority recorded its highest operating profit in its history at Rs. 12.2 billion rupees and a total income of 38 billion rupees in 2012 from 23 billion rupees in 2009.

The Ports Authority had achieved a net profit of 4.08 billion rupees for 2012.

The operating profit of 1.9 billion rupees which was reported in 2009, had risen to 12.2 billion rupees in 2012.

A recorded performance of 23 moves per hour in container handling was recorded and the port's target was to reach more than 25 moves per hour by the year end.