The quarterly revenue of State Trading Organisation (STO) increased by 7% in comparison to 2017 in the fourth quarter of 2018, resulting in a revenue yield of MVR 2.6 billion due to increased diesel sales.
The rise in income was due to a 6% growth in diesel sales and 7% in other sources of income in the first quarter of 2018 in comparison to 2017. STO ‘s total earnings rose by MVR 49 million in comparison to the third quarter of 2018. This is an increase of 11%.
According to STO, their top priority in both the