dc.contributor.author | Anushan, Kapilan | |
dc.contributor.author | Deshal, de Mel | |
dc.date.accessioned | 2023-09-25T15:16:39Z | |
dc.date.available | 2023-09-25T15:16:39Z | |
dc.date.issued | 2021-09 | |
dc.identifier.uri | https://archive.veriteresearch.org/handle/456/6062 | |
dc.description | 3p. The series editor is Nishan de Mel. | en_US |
dc.description.abstract | Ceylon Petroleum Corporation (CPC) is the state-owned enterprise in Sri Lanka with the largest accumulated losses – estimated at LKR 335 billion as of 2020. The analysis finds that the CPC sells fuel at prices higher than the cost of purchasing, processing and taxes; and that the accumulated losses can be entirely attributed to poor treasury management (interest costs and exchange rate losses). | en_US |
dc.language.iso | en | en_US |
dc.publisher | Verité Research | en_US |
dc.relation.ispartofseries | Verite Insights;Vol 9, No 06. | |
dc.subject | State Owned Enterprises - SOE | en_US |
dc.subject | CPC - Treasury Management | en_US |
dc.subject | CPC - Exchange Rate Losses | en_US |
dc.title | Ceylon Petroleum Corporation: What drives the losses? | en_US |
dc.type | Insight | en_US |
dc.project.code | CIPE06 PFP | en_US |