Lanka Sathosa makes a profit after 7 years

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The Minister of Trade Dr. Bandula Gunawardena says Sri Lanka’s largest state owned retail chain Lanka Sathosa, which was reporting a loss of over 100 million rupees every month, has become profitable after seven years.

The loss-making Lanka Sathosa has recorded a total revenue of 30 billion rupees for the nine months from January to September 2021. The Trade Minister added Lanka Sathosa recorded a revenue of 4 billion rupees last September alone. The Minister noted that for the first time in the history of

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