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Fiji Ports pay out dividends

July 30, 2012 7:01 pm

Fiji Ports Corporation Limited has handed $2.8 million to government in dividends.

Public Enterprise Minister Aiyaz Sayed-Khaiyum was on hand to receive the cheque.

He says the payout is from the consolidated performance of the company last year.

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Sayed-Khaiyum adds this marks the continuance of FCL’s year-over – year improvement of the dividends payments.

In 2012, FPCL returned a dividend of $2.6 million, in 2009 a dividend of $1.7 million and in 2008 a dividend of $875,983.

FPCL made a profit of $5.6 million last year.

Fiji Ports handles more than 90% of the nation’s trade in terms of imports and exports and provides employment to more than 450 people in Suva, Lautoka, Levuka and the surrounding areas.

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