IOC makes a profit of Rs 268 million

IOC makes a profit of Rs 268 million

Lanka IOC has reported an operating profit of Rs. 268 million in the second quarter of this year.

This is surpassing the loss of Rs. 146 million received last year.

The company's pre-tax profit was Rs. 313 million and net profit was Rs. 281.5 million.

Manoj Gupta, Managing Director of the Lanka IOC, stated that the reporting of such profits was a significant achievement in the face of the COVID pandemic and high fuel prices in the world market.