Fiji Ports has achieved a remarkable milestone in its financial performance, recording a net profit after tax of $28.41 million for the year 2024. This figure represents the highest profit in the company’s history, showcasing its resilience in a challenging global economic environment. In light of this success, Fiji Ports has announced that all eligible staff will receive performance-based bonuses for their contributions.
Chairman Isikeli Tuituku highlighted the corporation’s achievements during a recent event, acknowledging the hard work and dedication of the employees, as well as the foundational contributions of past board members. He noted that this strong performance not only demonstrates the company’s financial health but also reflects robust governance and prudent investment strategies.
CEO Vajira Piyasena echoed Tuituku’s sentiments, emphasizing that the outstanding results result from the collective efforts of the management and staff. Piyasena outlined how Fiji Ports previously recorded a net profit of $28.03 million in 2019, indicating a commendable growth trajectory. This year’s success prepares the corporation for transformative growth, as it aims to become a vital national facilitator for trade and development in the Pacific region.
Florence Nand, the manager of planning and strategy implementation, expressed optimism about the future. With goals for infrastructure expansion, sustainability initiatives, and digital innovation in sight, she believes that the team’s collective passion and collaboration will lead to even greater accomplishments in 2025 and beyond.
The recent financial achievements of Fiji Ports not only benefit the shareholders, who are set to receive a dividend payout of $17.05 million, but also positively impact its employees and the broader community. This news, along with previous reports about Fiji Ports’ growth due to increased cruise arrivals and stable trade volumes, fosters a sense of hope and resilience for the company’s future, as well as for the economy of Fiji as a whole. Overall, the ongoing commitment to excellence and community-oriented practices positions Fiji Ports as a strong player in the region’s development.
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