Wednesday, May 17, 2017

Colombo Dockyard earning up to Rs.141 mn

Colombo Dockyard moved away from ‘red’ and recorded a profit in the quarter ending March 2017 earning Rs.141 million. The company’s net finance income rose 38 percent to Rs 36 million.
Profits were reported from ship repair while both ship building and heavy engineering sectors suffered losses.
Colombo Dockyard PLC is the largest and oldest ship building company in Sri Lanka and is based in Colombo. It has built  military and civilian vessels for both local and overseas clients.

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