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Goods at low prices:

High demand from consumers:

Lak Sathosa turnover tops Rs 765 m

Lak Sathosa has recorded a significant turnover of Rs 765 million in November for the first time. This is as a result of the lower prices of essential items stipulated by the Government to provide relief to consumers.


Minister Gunawardene

Addressing a media briefing in Colombo yesterday, Trade, Marketing Development, Co-operatives and Consumer Affairs Minister Bandula Gunawardene said that there is big demand from consumers for essential items sold at lower prices in Lak Sathosa outlets around the country.

"We expect around rupees one billion turnover this month through our sales," the Minister said. Lak Sathosa which is the state arm provides essential items at lower prices to consumers.

He said the highest number of consumers are recorded in each Sathosa outlet in the country these days after the Government slashed prices of essential items since November 12.

"We have planned to expand the outlets of Lak Sathosa, Sathosa and Coop City, up to 133, 150 and 363 respectively before end of this year," the Minister said. He said the Government will intervene when it is necessary to provide relief to the public.

The prices of potatoes and big onions had increased in the last few days due to bad weather condition in Sri Lanka and also in India where the biggest big onion harvest is reaped.

The local big onion harvest has already been reaped in Dambulla and Matale.

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