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FHL Group pre-tax profit reaches $19.9m

May 15, 2018 7:00 pm

The Fijian Holdings Limited has recorded a six point eight percent growth in profit after tax for the nine months ending March 31st.

The Group pre-tax profit stood at nineteen point nine million dollars compared to eighteen point seven million dollars achieved in the same period last year.

Chair, Adrian Sofield, says Group Companies are continuing with strong performances despite challenging business environment.

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Sofield says adverse weather in the third quarter of the financial year had negative impacts to their tourism and construction businesses, however this was cushioned with positive performances from other subsidiaries.

The Group’s major revenue contribution came from Basic Industries Limited with the high demand for construction material.

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