CBSL annual report reveals CPC’s massive losses

COLOMBO (News 1st) – Although fuel prices have shown large fluctuations in global markets in recent times, domestic retail prices have not been adjusted since 2015. The latest report from the Central Bank reveals, by end 2017 the accumulated losses of the Ceylon Petroleum Corporation (CPC) amounted to Rs. 217.3 billion. The Central Bank’s annual […]

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