Monday May 04, 2026
Monday May 04, 2026
Monday, 4 May 2026 04:51 - - {{hitsCtrl.values.hits}}
The Sri Lanka Ports Authority (SLPA) has reported improved operating and profit performance for the year ended 31 December 2025, with group net Profit After Tax (PAT) rising 12.1% year-on-year (YoY) to its highest of Rs. 42.8 billion, according to unaudited financial statements. The previous high was Rs. 42.3 billion in 2022.
Group revenue increased 9.7% to Rs. 81.8 billion from Rs. 74.6 billion a year earlier. Gross profit rose 18.4% to Rs. 44.8 billion, while operating profit increased 20.2% to Rs. 55.2 billion. Profit Before Tax (PBT) grew 23.9% to Rs. 57.1 billion.
Net PAT reached Rs. 42.8 billion, up from Rs. 38.2 billion in 2024. Profit for the year attributable to the Group increased marginally by 0.6% to Rs. 37.8 billion after a Rs. 5 billion contribution to the Consolidated Fund.
At the standalone level, the SLPA reported a revenue of Rs. 81.8 billion, with gross profit increasing 18.3% to Rs. 45 billion. Operating profit rose 20.7% to Rs. 55.1 billion and PBT increased 23.6% to Rs. 57.3 billion. Net PAT grew 11.6% to Rs. 43 billion, while profit for the year rose 0.2% to Rs. 38 billion.
The Group’s total assets expanded 6.1% to Rs. 807.6 billion as at end-December 2025, from Rs. 761.5 billion a year earlier, while total equity increased to Rs. 651.4 billion. Total borrowings rose to Rs. 86.9 billion from Rs. 72.4 billion in 2024, driven by increases in both short-term and long-term financing. Short-term borrowings increased to Rs. 14.6 billion from Rs. 9.8 billion, while long-term borrowings rose to Rs. 72.3 billion from Rs. 62.6 billion, reflecting continued capital expenditure and funding requirements.
Operationally, container throughput at the Port of Colombo increased to 8,302,081 TEUs in 2025 from 7,907,309 TEUs in 2024, indicating a recovery in overall Port activity.
However, SLPA-operated terminals handled 2,383,139 TEUs, down from 2,413,162 TEUs a year earlier. South Asia Gateway Terminals (SAGT) also recorded a decline to 1,948,735 TEUs from 2,053,420 TEUs.
Colombo International Container Terminals (CICT) handled 3,351,910 TEUs, broadly unchanged from 3,353,067 TEUs in 2024, maintaining its position as the largest operator.
In contrast, Colombo West International Terminal (CWIT) saw a significant increase in throughput to 718,226 TEUs from 87,660 TEUs a year earlier, reflecting the ramp-up of new capacity.
The data show that overall port volume growth was driven primarily by CWIT’s expansion, while the SLPA and SAGT experienced declines and CICT remained stable.
