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FPCL announces bonus and dividends payout

November 12, 2018 3:23 am

The Fiji Ports Corporation Limited announced a bonus pay out and dividend this afternoon.

FPCL board chair Shaheen Ali says this year they have recorded a strong and profitable trading year.

Ali says the profit after tax for 2017 was $26.35 million out of which around $15 million will be paid out to shareholders as dividends.

“It should be noted that there has been an increase in your bonus. 26 percent increase in the bonus pay out following the divestment in 2015 so as a company as our profits grow, the dividends grow as well as the bonuses grow.”

Ali adds the total bonus pay out is $249, 827 which will be shared between 138 Fiji Ports staff and 80 staff of Fiji Ships and Heavy Industries Limited.