The Ceylon Electricity Board (CEB) has reported a profit of only Rs. 3.58 billion for the third quarter of 2025 (ended September 30). This is an 85% decline compared to the profit of Rs. 24.58 billion recorded a year ago, in the third quarter of 2024. This is according to the latest financial reports of the Ceylon Electricity Board.
This loss represents a 107% decline in revenue compared to the huge profit of Rs. 143.79 billion recorded in the same period in 2024. This loss is a 107% decline in revenue compared to the Rs. 143.79 billion recorded in the same period in 2024. This marks a 107% decline in revenue compared to the huge profit of Rs. 143.79 billion.
This critical loss situation is mainly due to the huge loss of Rs. 18.47 billion recorded in the first quarter of 2025 alone.