Fijian Holdings Limited (FHL) celebrated its 40th anniversary with a festive event at the RB Convention Centre in Lami on Thursday. This milestone marked four decades of commitment to enhancing participation of iTaukei in the corporate sector and acknowledging the shareholders and founding figures who helped establish FHL as a key player in the business landscape.
Following the Group’s Annual General Meeting for 2024, Group CEO Jaoji Koroi emphasized the importance of reflecting on the company’s history and recognizing major contributors like the Great Council of Chiefs, the late Ratu Sir Kamisese Mara, and former managing director, the late Laisenia Qarase.
During the event, Koroi highlighted impressive financial achievements for the 2024 fiscal year, noting that total assets have surpassed $700 million, with net assets valued at $323 million and a record profit of $70 million. Additionally, over $130 million has been distributed in dividends to shareholders, showcasing the company’s commitment to rewarding its investors.
Koroi pointed out that long-term shareholders are now reaping substantial benefits, but also stressed the importance of broadening their focus to empower iTaukei resource owners through strategic initiatives.
This celebration not only commemorated the past but also laid a strong foundation for future growth and community empowerment, fostering hope for continued success and inclusivity in Fiji’s corporate sector.
In summary, FHL’s 40th anniversary not only serves as a tribute to its history and achievements but also sets the stage for a future that emphasizes empowerment and participation among local communities.
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