Sri Lanka Fisheries Corporation profiting after 32 years

Sri Lanka's state-owned Fisheries Corporation announces that it has made profits in July this year for the first time in 32 years of making losses consecutively.

The Corporation has recorded a profit of Rs. 15 million in July this year. The Corporation has sales outlets country wide that delivers fish at fair price in hygienic environment.

The targeted profit of the Fisheries Corporation in 2011 is Rs. 20 million a month.

The fish production in Sri Lanka has risen sharply following the end of war as the fishing restrictions imposed in the Northern and Eastern Provinces were lifted and the shores were opened up for fishing.