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CFL announces 97% increase in after tax profit

CFL announces 97% increase in after tax profit
Communications Fiji Limited today announced a 97% increase in its after tax profit for the first six months of this year.

The consolidated after tax profit rose to $707,958 compared to $359,380 last year.

Managing Director William Parkinson said their investment in the Paradise Cinemas in Papua New Guinea last year has paid off.

Parkinson said they are positive about the second half of the year.


Parkinson said at the beginning of this year, their focus was on consolidation particularly in PNG where there has been a huge growth over the last three years.


Story by: Filipe Naikaso

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