A report on the state of public finance, issued by the Ministry of Finance, reveals that three state media institutions have been operating at a loss during the first six months of this year.
According to the report, the Sri Lanka Rupavahini Corporation recorded a pre-tax loss of 166 million rupees, while the Independent Television Network (ITN) recorded a loss of 37 million rupees. Furthermore, the Sri Lanka Broadcasting Corporation also recorded a pre-tax loss of 68 million rupees during the same period.
Consequently, the total loss recorded by these three state media institutions amounts to 271 million rupees.