SLPA Profit Surge Boosts Treasury, But Capacity Strains Persist

The Sri Lanka Ports Authority (SLPA) will remit Rs. 5 billion to the Consolidated Fund this year, following one of its strongest financial performances on record. The State-owned entity posted a Rs. 39 billion net profit by end-October 2025—an increase of nearly Rs. 12 billion from last year—marking a major turnaround under the new administration.

For decades up to 2024, SLPA contributed only Rs. 10.3 billion cumulatively to the Treasury. The 2025 transfer alone equals nearly half that amount, with Rs. 2 billion already paid in September and another Rs. 3 billion due in December.

Improved operational efficiency, stricter revenue management and government reforms were cited as key drivers of the surge. Port activity has also strengthened, with Colombo’s container volumes rising 6.7% to nearly 6.2 million TEUs in the first nine months of 2025.

However, exporters warn recurring vessel omissions are disrupting production and inflating costs, urging

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