Sri Lanka’s state-run Ceylon Petroleum Corporation has made a profit of 20.7 billion rupees in the first half of 2024, as revenues fell due to other players, a Finance Ministry report said.
The total import cost of oil by the Ceylon Petroleum Corporation had fallen to 1,235 million US dollars up to June 2024 from 1,380 million dollars last year, as volumes fell due to new entrants despite an uptick in prices.
