13 March, 2022
State Timber Corporation (STC) recorded a profit of Rs.1,496 million in 2021 despite the Covid-19 restrictions, a release from the STC stated.
With Rs.6,949 income, the state institute has recorded a 43% increase in its income. The income from furniture sales increased by 62%. This is in spite of the STC being closed for over two months in 2021 due to lockdowns, the release stated.