Fiji Ports Corporation Limited has reported an impressive net profit after tax (NPAT) of $28.41 million for 2024, marking the highest profit in the company’s history. In response to this remarkable achievement, the company has announced performance-based bonuses for all eligible staff.
Isikeli Tuituku, chairman of Fiji Ports Corporation Ltd, celebrated this financial milestone during a recent event, attributing the success to the unwavering dedication of the employees. The corporation will distribute a significant dividend of $17.05 million to shareholders, further highlighting its robust performance in a challenging economic landscape.
The CEO, Vajira Piyasena, reflected on how the corporation’s achievements not only indicate financial growth but also signify the high standards of governance and commitment to operational excellence that have been cultivated over the years. He noted that the current results build upon a previous NPAT of $28.03 million in 2019, illustrating a continued upward trajectory.
The leadership team expressed gratitude to past board members for their foundational work, which has paved the way for current successes. With a fully established executive management team since FPCL’s divestment in 2015, the corporation is poised to embark on a new phase of transformative growth.
Florence Nand, manager of planning and strategy implementation, emphasized exciting prospects for the future, including infrastructure expansion, sustainability initiatives, and advancements in digital technology. She conveyed optimism about achieving even greater results in the upcoming years through collective teamwork and commitment.
Fiji Ports has proven to be more than just a port operator; it defines itself as a national enabler and a catalyst for trade, security, and national development. The company’s forward-looking approach and dedication to innovation position it favorably for ongoing success.
This information underscores a hopeful and progressive narrative for Fiji Ports Corporation Limited as it navigates the complexities of today’s business environment, while still prioritizing the well-being of its employees and community stakeholders. The commitment to shared growth creates a promising outlook for the company and the broader Fijian economy.
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