📈 MILCO Returns to Profit: Dividends for Dairy Farmers After 21 Years

Prime Minister Dr. Harini Amarasuriya announced a historic turnaround for the State-Owned Enterprise (SOE) MILCO, marking the first time in over two decades that profits have been shared directly with the farming community. • Financial Performance: MILCO recorded its highest-ever sales turnover in 2025, achieving a historic net profit within a 16-month turnaround period. • Farmer Incentives: A total of 22,000 dairy farmers are set to receive incentives. Dividend payments were symbolically presented to 2,000 farmers, covering all provinces. • Social Security: The program introduced the Farm/Farm Family Insurance and awarded pension membership certificates under the Dairy Farmer Retirement Scheme in partnership with the Social Security Fund. • Sector Impact: The government emphasized transforming livestock and dairy sectors through "economic democracy," focusing on minimizing fraud and corruption to make SOEs efficient and people-oriented. The move signals a shift toward inclusive growth, integrating local producers into the national production process while ensuring high standards and proper industry procedures.