[Sri Lanka] - SLC s earnings strikes record high in 2022 with income of over Rs. 6 billion

INSUBCONTINENT EXCLUSIVE:
Sri Lanka Cricket (SLC) taped a net earnings of Rs
6.3 billion for the year 2022, making this the greatest yearly net income earned by the organization in its whole history.This record marks
a 3-fold year-on-year boost compared to the Rs
2.1 billion of net profits earned in 2021
The current growth in net income was generally produced from four revenue sections, specifically, worldwide cricket, domestic cricket,
sponsorship agreements, and ICC annual member disbursements.Pertaining to investments produced international cricket, SLC invested an
overall of Rs
4.2 billion in 2022 on playing global cricket, consisting of incoming and outbound trips of the national team, the A group, junior team
tours, and the national femaless group tour expenses.Meanwhile, a sum of Rs
2.27 billion was spent for domestic cricket in 2022, which was made use of to play domestic competitions, run the high performance center,
pay compensation for domestic gamers and officials, and likewise finance school cricket advancement, while stadium management and
administration grants for district and provincial associations, and member clubs amounted to Rs
599 million.When taking into SLCs Corporate Social Responsibility (CSR) program, the organization invested Rs
1.2 billion, consisting of a grant of over Rs
900 million for the nations health sector (consisting of donations for the Apeksha Cancer Hospital and Lady Ridgeway Hospital) and over Rs
278 million for the National Sports Fund, among other grants such as Rs
25 million to remodel the Gangarama Rajamaha Viharaya in Kandy, etc.