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    HomeLocal NewsThe profit earned by Ceypetco from fuel has increased

    The profit earned by Ceypetco from fuel has increased

    The Minister of Power and Energy Mr. Kanchana Wijesekera states that Ceylon Petroleum Corporation earns a profit of Rs. 159.61 per liter of 95 octane petrol.

    Also, the profit from a liter of Octane 92 petrol is Rs 33.62.

    The Minister says that despite getting a high profit from petrol, the profit from auto diesel is Rs. 1.55 per liter. But earns Rs. 41.89 per liter from Lanka Super Diesel.

    Despite making a profit from these fuels, the minister says that there is a loss of Rs. 30.62 from a liter of kerosene.

    Ceypetco earns this profit from petrol after reducing the price of petrol. Also, this profit is calculated as profit after tax.

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