A festive surprise has brightened the holidays for 133 employees at Fiji Ports Corporation Limited, as the company announced a substantial bonus payout totaling $342,469. This announcement came from newly appointed chairman Isikeli Tuituku, who recently succeeded Pita Wise.
Under Tuituku’s leadership, the corporation has reported a three percent increase in net profit, bringing the total to $27.84 million. This positive financial performance has been attributed to a significant rise in cruise vessel arrivals and stable import-export trade volumes.
Both the financial health of the corporation and the well-being of its stakeholders are illustrated by the board’s declaration of a dividend payout amounting to $16.6 million for the 2023 financial year, reflecting a 6.8 percent increase from the previous year. The distribution includes $6.8 million to the government, $6.5 million to the Fiji National Provident Fund (FNPF), and $3.3 million to Aitken Spence Plc.
Tuituku emphasized that these impressive results not only demonstrate the corporation’s ongoing success but also positively impact the government, the public, and essential partners like the FNPF. Prime Minister Rabuka also acknowledged the benefits this brings to the wider community.
Looking ahead, Fiji Ports Corporation Limited is set to recruit three top executives in January 2025, indicating a proactive approach to future growth and stability within the organization.
In summary, the financial successes of Fiji Ports Corporation Limited reflect a thriving economy, bringing both rewards to its employees and dividends to the government and stakeholders. This positive trajectory offers hope for continued prosperity in the region as the company prepares for future challenges and opportunities.
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