Ceylon Petroleum Storage Terminal Ltd,(CPSTL) posted a record Rs. 2.1 billion profit despite 19% dip in Sale Volume due to COVID-19 pandemic. CPSTL also paid Rs. 205 million as taxes. Theturnover for 2019 was Rs. 15.3 billion.
Chairman, Managing Director, CPSTL, M.Uvais Mohamed said that this
feat was achieved by resorting to a series of prudent economic cost
cutting measures that were implemented since last year with the
blessings of the subject Minister Udaya Gammanpila, staff and unions.Read More