Lanka Salt has recorded a 99.24% increase in profit to Rs 94.53 million last year compared to Rs 710,435 in 2007, according to the company’s annual report.
The company’s General Manager, Mali Bandara said in her statement that a sales revenue of Rs 632 million was generated last year, against Rs 483 million in 2007.
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| Sri Lanka imports 10,000 metric tonnes of salt out of an annual demand of 120,000. Major rehabilitation of salt pans and brine reservoirs at Mahalewaya, Bundala and Palatupana are underway. Picture shows salterns in Puttalam. |
“The production was 77,000 metric tones (MT) against the forecast of 68,000 MT,” she has said, adding that the iodisation factory was subject to optimum utilization throughout this time with an efficiency monitored maintenance programme, enabling the processing of 62,000 MT for iodisation.
Sri Lanka imports 10,000 metric tonnes of salt out of an annual demand of 120,000. Ms. Bandara said there were major rehabilitation of salt pans and brine reservoirs at Mahalewaya, Bundala and Palatupana.
She has also said that the saltern the company owns at Bundala is being developed as an independent production centre with its iodisation plant. “In the long term it will be an autonomous profit centre,” she has said.
Chairman Mahinda Gunawardena said in his annual statement that Bundala and Palatupana salterns are also being transformed into efficient production units. “Particularly the Palatupana Saltern through acquiring a connection to the national grid would be able to get a higher volume of pumped brine to produce more tonnage,” he noted.
Ms. Bandara has said that the company’s Koholankala Lewaya at Hambantota which had been neglected without any rehabilitation was completely revamped and is now in production. “The new capacity of 6.25 hectares brings an extra yield of 2,000 MT per year. |
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