Home

Headlines Weather Search

News

Sports

Business

World

Radio

Radio Fiji One Mirchi FM Gold FM Bula FM 2Day FM Radio Fiji Two

TV

FBC TV FBC Sports FBC 2

News

Pleass Global records outstanding 2014 results

April 5, 2015 12:00 am

Pleass Global Limited recorded an increase in their profit by 21% for last year, 6% more when compared to 2013.

Its revenues grew by 19% in 2014 with export growth a major contributor.

PBP has realized an after tax profit of $688,459 from operating activities.

This is down 25% on the 2013 recorded profit of $916,514 only because of the extraordinary gain that year.

The company says the significant influence on the 2013 results was the revaluation of real estate; PBP’s land in Kila Estates, Namosi, to fair value in October 2013.

The company recorded an outstanding performance in 2014 with 92% increase in trading profits and increased OROS of 9% over 5% in 2013.

This result reflects a good underlying trading performance by PBP in 2014, delivering a solid improvement in revenue and profits, driven largely by export growth.

The company’s two brands of water; AquaSafe® Natural Artesian Water
and VaiWai® Natural Artesian Water remains major influences of company performance.