Fijian Holdings Limited (FHL) recently celebrated its 40th anniversary with a special event at the RB Convention Centre in Lami. Marking four decades of significant growth in the corporate sector, the celebration followed the Group’s Annual General Meeting for 2024.
During the event, Group CEO Jaoji Koroi invited shareholders to reflect on the organization’s journey and acknowledged the contributions of key figures in FHL’s establishment, including the Great Council of Chiefs, the late Ratu Sir Kamisese Mara, and former managing director Laisenia Qarase.
Mr. Koroi shared impressive financial highlights from the 2024 fiscal year, mentioning that FHL’s total assets have surpassed $700 million, net assets stand at $323 million, and profit has reached a record $70 million. Since its inception, the company has distributed over $130 million in dividends to shareholders. He noted that early investors are now reaping substantial benefits from their investments.
Looking forward, Mr. Koroi emphasized the importance of expanding beyond their current shareholder base by empowering iTaukei resource owners through newly announced strategies. This focus on inclusion reflects FHL’s commitment not just to its investors, but also to enhancing the economic participation of the iTaukei community in the corporate landscape.
This anniversary serves as a reminder of FHL’s achievements and its potential to contribute positively to the broader society by promoting economic empowerment.
Overall, FHL’s 40-year milestone is not just a celebration of past successes, but also a promising step towards a more inclusive and prosperous future.
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