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dc.contributor.authorKapilan, Anushan
dc.contributor.authorde Mel, Deshal
dc.date.accessioned2026-04-07T14:00:57Z
dc.date.available2026-04-07T14:00:57Z
dc.date.issued2021-09
dc.identifier.issn2386-1835
dc.identifier.urihttps://archive.veriteresearch.org/handle/456/8151
dc.description3p.en_US
dc.description.abstractCeylon 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 insight 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.isoenen_US
dc.publisherColombo: Verité Researchen_US
dc.relation.ispartofseriesVerité Insights; Vol. 9 No. 06 - September 2021
dc.subjectCeylon Petroleum Corporation - CPC - Lossesen_US
dc.subjectState-owned enterprises - SOEsen_US
dc.subjectCeylon Petroleum Corporation - CPC - Sells fuel at prices higher than the cost of purchasingen_US
dc.subjectCeylon Petroleum Corporation - CPC - Losses attributed to poor treasury managementen_US
dc.titleCeylon Petroleum Corporation: What Drives the Losses?en_US
dc.typeInsighten_US


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