Sri Lanka’s maritime sector has been handed a major boost as the Port of Colombo reported an unprecedented net profit of Rs. 32.2 billion for the first eight months of 2025. This remarkable achievement marks a 71 percent increase compared to the Rs. 18.9 billion recorded during the same period in 2024, highlighting the port’s rapid rise as one of Asia’s most competitive transshipment hubs.
Exceeding expectations, the profit figures not only outperformed last year but also surpassed the Sri Lanka Ports Authority’s (SLPA) 2025 target of Rs. 21 billion by an impressive Rs. 11 billion. The growth translates to an additional Rs. 13 billion in earnings, underscoring the impact of ongoing infrastructure development and operational efficiency at Colombo’s world-class terminals.
Officials at the SLPA credit this surge to a combination of improved container handling, strategic expansion, and disciplined cost management. Container throughput rose by 6 percent year-on-year, while updated terminal service contracts and the timely completion of key projects further boosted revenue streams.
Notably, the successful commissioning of the East Container Terminal and the fifth phase of the Jaya Container Terminal has added significant capacity to accommodate rising global shipping demand. These expansions have strengthened Colombo’s position as a vital link in international maritime trade routes.
Looking ahead, SLPA confirmed that profits will be reinvested to fuel further port development, ensuring Colombo continues to attract global shipping giants. With expansion projects on the horizon, the port aims to consolidate its role as South Asia’s premier transshipment hub.
The record-breaking profits not only highlight the resilience of Sri Lanka’s port industry but also reflect the nation’s broader ambitions of economic revival through trade and logistics excellence.
