Fijian Holdings Limited recorded a profit of $30.4 million in the last six months of its current financial year.
This was highlighted by the FHL Chief Executive Jaoji Koroi.
He indicated that investments that the FHL has a stake in are doing exceptionally well and above par, despite the challenges brought forward by the pandemic.
“There was a slowdown due to the pandemic; we had to reposition ourselves in order to sustain our business to support firstly our shareholders and more particularly our people (FHL).”
“We had to adapt to the new norm brought forward by the pandemic and at the same remodel our core business functions, which is to make money,” Koroi said.
The CEO also indicated that the Fijian Holdings Limited as the core shareholders in some of the publicly listed company on the South Pacific Stock Exchange and with businesses held by the 14 Yasana, they had to relook its corporate governance policies to drive and maximise output and its profit.
“We have hired people based on their capabilities, who have extensive know how to drive maximum output from their staffs while at the same time increase income and profit for their shareholders,” Koroi added.