22 Sep 2005

Fiji TV makes record profit

10:11 am on 22 September 2005

Fiji Television Limited has announced a record profit of over US$2.6 million for the financial year ending on June 30th.

The profit is five per cent higher than the previous year's and does not include over US$1.2 million tax refunded by the Fiji government after it gave the company a 15-year tax free status with retrospective effect.

Fiji TV will pay a second dividend of nine cents per share in addition to the earlier interim dividend of nine cents.