214 Ports employees to share $256,000 bonus payout

214 employees of Fiji Ports Corporation Limited and its subsidiary Fiji Ships and Heavy Industries will be sharing a $256,000 bonus payout.

This is the second consecutive year that the government has awarded a bonus of over a quarter of a million dollars to reward the staff in recognition of the hard work and commitment displayed.

The Fiji Ports Corporation Limited has made a profit of $26.25 million for the year 2016 which is a 93% increase from 2015.

Fiji Ports recorded a strong shareholders dividend from operating profits of $16.08 million which is a 217 percent increase compare to the $5.07 million in 2015.

The Fijian government which is the majority shareholder got $6.59 million, FNPF which is the second major shareholder got $6.272 million while Aitken Spence received $3.21 million.

While officiating at the bonus and dividend payout, Attorney General and Minister for Economy, Aiyaz Sayed Khaiyum said there is a need to keep money aside for repairs and maintenance.

Sayed Khaiyum told the workers that there will be some people like those who organized the march on Saturday that will come and delude them into thinking that if they simply march and demand for wages, they will get everything.

He says this will not happen and they need to think beyond their noses and think of the future.

Sayed-Khaiyum thanked the staff for their hard work.