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CEB earns profits

10 March 2011 04:38 am - 23     - {{hitsCtrl.values.hits}}


The Ceylon Electricity Board (CEB) which ran at a staggering Rs. 115 billion loss for the 2000-2009 period has earned profit of Rs. 5 billion in the last financial year, Minister Patali Champika Ranawaka told media today.

  Comments - 23

  • Sri Lankan Thursday, 10 March 2011 08:35 AM

    In Accounting( books) making 5M Profit to 500,000 loss is very simple. It works other way too.

    Citizen Thursday, 10 March 2011 08:39 AM

    Come on Champika, high time to think of a hike in rates!

    common sense Thursday, 10 March 2011 08:56 AM

    thats there issue not CEB's...

    Mohamed Thursday, 10 March 2011 08:57 AM

    If the CEB has made a profit, who try to increase the Electricity Tariff of the Consumers?

    TMA Friday, 11 March 2011 04:36 AM

    Env. ministry made profits. But the garbage problem, elephant problem, & wetland problem never solved

    TMA Friday, 11 March 2011 04:36 AM

    That won't happen. same reason Y they're taking profits

    Wara Thursday, 10 March 2011 04:49 AM

    Well done Champika !! You are a true and genuine politician. Best of luck for the future. !

    sltk2004 Thursday, 10 March 2011 09:38 AM

    Any organization would show profit like this if they also get their raw material at half price (like CEB gets from Petroleum Corp at half price).

    Try and get more discounts from CPC, then next year you could show more profits.

    Sammy Thursday, 10 March 2011 10:03 AM

    Unbelievable! How did this happen?

    MK Thursday, 10 March 2011 10:10 AM

    How can you calculate CPC losses into the CEB losses? they are two different corporations.

    Roshan Thursday, 10 March 2011 10:19 AM

    What is the mission of the CEB, is it to make profit or to supply electricity to the consumer at reasonable rate? Heavy profit should not be their motive, they should break even.

    Dinithi Thursday, 10 March 2011 10:31 AM

    They earned losses even after getting half price raw materials before. This is a great start. Good stuff needs to be commended rather than finding fault in everything. If these figures are at least half correct this is a trmendous achievement!! Well done!!

    priyantha Thursday, 10 March 2011 10:59 AM

    Well done Champika !! always your are doing your best

    Thush Thursday, 10 March 2011 12:59 PM

    Well done Champika. We knew that you could do it. That's why we sent proffessionals like you to the Parliament

    Wara Thursday, 10 March 2011 12:59 PM

    Simple...... Check if he has settled all the bills...

    Calistus Thursday, 10 March 2011 06:40 AM

    Good Job

    Senior Citizen Thursday, 10 March 2011 01:19 PM

    Yes half cooked or fully cooked with Electricity !!

    weerasuriya Thursday, 10 March 2011 01:26 PM


    SL Thursday, 10 March 2011 01:34 PM

    Supply Electricity and not to be a burden to the tax payer!

    jsilva Thursday, 10 March 2011 01:43 PM

    someone is hurting over CEB's achievement

    dass Thursday, 10 March 2011 02:11 PM

    This is ia great news. Only if the general public can benefit from it by a reduced electricity bill.

    rohith Thursday, 10 March 2011 02:13 PM

    Well manipulated. Even the environment ministry made profits after charging environment tax from mobile uses.

    Aruna Thursday, 10 March 2011 07:06 AM

    looks like they forgot to calculate 80% loss of Ceylon Petroleum Corporation

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