In a festive gesture, 133 employees of Fiji Ports Corporation Limited recently received a bonus payout totaling $342,469. This announcement was made by the newly appointed chairman, Isikeli Tuituku, who recently took over from Pita Wise. Under Tuituku’s leadership, the corporation has recorded a three percent increase in net profit, bringing it to $27.84 million.
This positive economic performance has been attributed to a significant rise in cruise vessel arrivals and stable import-export trade volumes. The board declared a considerable dividend payout of $16.6 million for the 2023 financial year, reflecting a 6.8 percent growth from the previous year. This payout includes distributions of $6.8 million to the government, $6.5 million to the Fiji National Provident Fund (FNPF), and $3.3 million to Aitken Spence Plc.
Mr. Tuituku expressed that this success is a clear indication of the corporation’s financial health and will benefit not only the government and the general population but also vital partners such as FNPF. Looking ahead, the Fiji Ports Corporation Limited plans to expand its leadership by recruiting three top executives in January 2025.
These developments indicate a robust outlook for Fiji Ports Corporation Limited, demonstrating how effective management and strengthening economic conditions can lead to rewarding outcomes for both employees and shareholders.
The article underlines a hopeful narrative of growth and success, showcasing the positive impact of the corporation’s achievements on the wider community.
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