Annual Report 2008 - Ministry of Finance and Planning

3. Performance of Public Enterprises
165
Industrial sector
The industrial sector Public Enterprises in Sri Lanka play
a vital role in the economy. There are 12 PEs that carry out
industrial functions having a net worth Rs.4,642 million
in 2008. Eight industrial PEs were profitable while 4 PEs
continued to incur losses in 2008. Lanka Mineral Sands,
Lanka Phosphate, Paranthan Chemicals & Manthai Salt
contributed Rs.43.6 million as Dividends to the Treasury in
2008.
Table 3.24
Financial Highlights of Industrial Enterprises
Rs mn
Total Revenue Gross Profit Net Profit
Institute 2008 2007 2008 2007 2008 2007
Central Engineering Consultancy Bureau 4,267 3,474 1,212 872 199 5
State Engineering Corporation of Sri Lanka 2,652 2,247 240 243 60 128
State Development & Construction Corporation 1,671 831 236 161 62 64
Ceylon Ceramic Corporation 259 265 (5) 10 (43) (20)
Sri Lanka Cement Corporation 170 41 2 (3) 8 0
Paranthan Chemicals Co. Ltd 205 162 82 54 41 21
Lanka Mineral Sands Ltd 805 1,087 374 427 233 333
Lanka Phosphate Ltd * 283 222 102 102 16 11
Manthai Salt ltd * 37 29 14 11 10 7
Northsea Ltd * 7 8 (4) 0 (7) (12)
National Paper Company Limited * 70 101 (78) (27) (198) (57)
Total 10,426 8,467 2,175 1,850 381 480
Source: Financial Statements of Public Enterprises
Service Sector public enterprises
Chart 3.20
Sri Lanka Broadcasting Corporation (SLBC)
While competing with private channels the SLBC operates
23 channels covering 255 hours and 55 minutes per day.
Table 3.25
Number of Channels of SLBC
Name of the Channel
Number of Channels
Main channels 7
Area channels 5
Public channels 5
Foreign channels 6
Total 23
Source: Sri Lanka Broadcasting Corporation.
Ministry of Finance and Planning Sri Lanka
Annual Report 2008