Fiji Ports Corporation Limited (FPCL) has achieved a significant milestone, reporting a net profit after tax (NPAT) of $28.41 million for the year 2024. This marks the highest profit in the company’s history, surpassing previous records and reflecting its resilience amid a challenging global economic landscape.
In recognition of this stellar performance, all eligible staff will be rewarded with a performance-based bonus. The company’s board chairman, Isikeli Tuituku, acknowledged the hard work of the team and credited their accomplishments to effective governance, prudent investment strategies, and a committed workforce. He emphasized that this achievement not only benefits shareholders, with a dividend payout of $17.05 million, but also enhances the overall operation and reputation of FPCL as a critical enabler of trade and development in Fiji.
CEO Vajira Piyasena highlighted that these results were hard-won and represent a commitment to their vision of being the “smart, green gateway for trade in the Pacific.” This achievement follows a consistent upward trend, as the corporation reported an NPAT of $28.03 million in 2019.
The corporation’s commitment to excellence extends beyond financial success; it includes a focus on infrastructure expansion, sustainability initiatives, and digital innovation. Florence Nand, manager of planning and strategy implementation, expressed optimism about the future, confident that with ongoing teamwork and dedication, FPCL will achieve even greater successes in 2025 and beyond.
The broader context of FPCL’s achievements also resonates with past articles highlighting previous financial successes and employee bonuses, which underscore the company’s strategy of fostering a collaborative and rewarding workplace culture. The positive developments within FPCL signal not only a bright outlook for the corporation but also a hopeful perspective for Fiji’s economic future.
This record-breaking performance serves as a testament to the importance of teamwork and strategic planning in driving corporate success, with ongoing benefits for both employees and the wider community.
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