Cooperatives Wholesale Establishment (SATHOSA) officials requested the authorized parties to   SATHOSA be removed from the COPE’s list of state-owned institutions operating at a loss.

SATHOSA Chairman Eraj Fernado Stated that the Sathosa is now making profits having recovered from its loss making days. The institution recorded financial losses from 2005. However, it made a profit of Rs 47 million last year.

It is an indication for the government own organisation to profit motives with serve to valuable services to consumers. This new records will boost the other state own institution to operate at profits.

~ NEWS ~

Related Posts via Categories

• Nuwara Elia Summer Season April 2014 – Special Celebration and Happening
• Colombo Fish Market to Colombo Gold Center – Cover Story of Reformation of Mallu Kadde to Good Centre
• WOW Colombo Fair – 22nd to 24th November 2013
• House of Fashion New Location – 101, D.S. Senanayake Mw, Colombo 08
• Logos Hope; A Ship with knowledge coming to Colombo Sri Lanka; from 30th August to 22nd September 2013
• Billion Ceylon Reformation in E-Commerce in Srilankan Products
• Sri Lanka is to face huge traffic near soon and suggestion to avoid traffic in Colombo
• Colombo International Book Fair 2014 Open till 16th September 2014
• A floating market on the Beira, Colombo
• Central Bank of Sri Lanka Licensed Commercial Banks, Special Banks and Finance Company – Name List attached