The parent company for Legend FM, FM96, Viti FM, Navtarang and Sargam, Communications Fiji Limited is already bouncing back after the recent floods and is ready to deliver another impressive result this year.
During the Brokers Briefing this morning, Managing Director, William Parkinson said the company lost estimated revenue of $100,000 in the first quarter due to the January and March floods.
Parkinson added that a major distraction for the company was frequency changes which cost CFL around half a million dollars last year.
He said CFL remained the dominant player in the radio industry despite these challenges.
According to Parkinson, CFL is looking at other investment opportunities in the country.
Story by: Ronal Deo
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CFL bounces back
