Colombo Port records Rs. 32.2 Bn profit in 2025

Colombo, Oct. 9 (Daily Mirror) - The Port of Colombo has reported a record net profit of Rs. 32.2 billion for the first eight months of 2025 — a 71% increase from Rs. 18.9 billion recorded during the same period in 2024, the Sri Lanka Ports Authority (SLPA) announced.

This impressive growth translates to an additional Rs. 13 billion in earnings, surpassing the estimated target of Rs. 21 billion by Rs. 11 billion.

The rise in profitability has been driven by ongoing development projects and improved service efficiency, with container handling volumes increasing by 6% compared to 2024.

According to SLPA officials, the achievement reflects the impact of updated terminal service contracts, expanded capacity, and effective cost management.

The SLPA said it plans to reinvest these profits to further develop the port into a leading transshipment hub, with future expansions expected to enhance capacity even further.

The completion of key projects such as the East Container Terminal and the fifth phase of the Jaya Container Terminal has significantly boosted the port’s ability to handle growing cargo volumes.