NEWS Sri Lanka airports authority profit up, faces big loan repayments

Sri Lanka’s air terminal power expanded operational benefit in the initial four months of 2015 yet confronts an enormous credit reimbursement for the unused just took the ribbon off new Mattala air terminal in the south, official information indicated.

Operational benefit of the Airport & Aviation Services (Sri Lanka) Limited (AASL) developed by five percent to 1,472 million rupees in the initial four months of 2015 from a year back as traveler activity developed.

The AASL took care of more than 2.8 million travellers, including 379,449 travel travellers, amid the initial four months of 2015, up 7 percent contrasted with the same period a year ago.

AASL’s income developed by 10 percent to 5,029 million rupees amid January – April 2015 from 4,587 million in the same time of 2014.

Absolute outside borrowings of AASL remained at 35.7 billion rupees as at 30st April 2015 with the organization paying 371 million rupees for the initial four months of 2015 to administration seven remote credits got through the General Treasury.

AASL will begin adjusting a 190 million US dollar credit (25.3 billion rupee) acquired to manufacture the Mattala Rajapaksa International Airport in Hambantota later on, the Treasury said.

Mattala airplane terminal has been disregarded by outside bearers and even the national transporter SriLankan Airlines hauled out before this year,citing misfortunes.

The AASL made an operational benefit of four billion rupees in 2014, up 14 percent from the prior year, with a working overall revenues of 29 percent.