Communications Fiji Limited, the parent company of LegendFM, FM96, VITIFM, Navtarang, Radio Sargam and fijivillage has recorded a group after tax profit of $914,752 for the first six months ended 30th June, 2025 compared to a loss of $49,522 last year.
In line with company policy and on the back of the record results, the Board of CFL has declared an interim dividend of 12 cents per share.
The shares will trade ex-benefit on 15th September, 2025, with a record date of 18th September, and payment on 26th September 2025.
CFL Chairperson, William Parkinson noted that the Fiji Operations delivered strong growth, while the group’s Papua New Guinea subsidiary, PNGFM, continued to face revenue challenges in the first half of the year.
CFL General Manager, Charles Taylor says Fiji Showcase, now firmly established as the largest trade show in the South Pacific, was held in June this year and achieved a record turnout, surpassing last year’s attendance and profit levels.
Taylor says this, combined with revenue from Public Service Broadcast campaigns, significantly boosted the first half results.
He adds the team is now looking forward to upcoming partnership events such as the Hibiscus Carnival and the Homecoming Concert in September.
Taylor says he is extremely proud of the CFL team for their outstanding delivery of both Fiji Showcase and CFL 40th Anniversary celebrations.
He says these major events were held back-to-back and were executed seamlessly — a tremendous achievement and a big win for CFL.
Parkinson says while CFL has shown solid growth, PNGFM encountered challenges.
He says it’s flagship event, the Music Awards, originally scheduled for April, was moved to October.
Parkinson adds this deferral has impacted PNGFM’s first half revenue contribution.
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