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Free Bird Institute records profit

July 25, 2017 3:34 am

Free Bird Institute has announced a $0.64 million dollar profit after tax for the first half of the year.

They recorded an outstanding increase of 82% in its net profit after tax in comparison to the same period last year.

Chief Financial Officer, Waisale Iowane says for the same period in 2016 the company profits stood at $0.42 million.

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He says the main contributing factor to this increase is the integrated in-house insurance scheme that was launched in February last year.