Colombo Dockyard’s Revenues Rise
According to a report from the Sunday Times, Colombo Dockyard, of which Japan's Onomichi Dockyard has a 51% stake, has released its financials for the twelve months to end-December 2010, indicating a group revenue of Rs. 14.5b, compared to Rs. 13.49b for the same period last year. However, it was an increase in group cost of sales to Rs. 11.22b, from Rs. 9.98b.