In a heartwarming development, 133 employees of Fiji Ports Corporation Limited are celebrating an early Christmas with a bonus payout totaling $342,469. This generous gesture comes as the newly appointed chairman, Isikeli Tuituku, announced that the corporation recorded a three percent rise in net profit, bringing the total to $27.84 million.
The growth in earnings can be attributed largely to an increase in cruise vessel arrivals and steady volumes in import-export trade. Tuituku detailed that a dividend payout of $16.6 million has been declared for the financial year 2023, representing a 6.8 percent increase compared to 2022. This payout 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.
Mr. Rabuka expressed that the dividend distribution to the three shareholders underscores the corporation’s ongoing success and financial stability. He highlighted that these positive results serve to benefit not only the government but also the local community and vital partners like FNPF.
Looking to the future, FCPL plans to recruit three top executives in January 2025, which signals a commitment to continuing its growth and operational excellence.
This news is encouraging as it showcases resilience and economic stability within Fiji’s port operations, a vital part of the country’s infrastructure. With a promising outlook and a focus on recruitment, Fiji Ports Corporation Limited appears set to further enhance its contributions to the community and economy in the upcoming years.
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