20 December, 2025, 7:40 am Central - 24°C Rain

Fiji TV announces operating profit of $616,989 for the six months ended 31st Dec 2022
FBC was competing with the private sector after receiving significant grants from the govt – Fiji TV

Fiji TV announces operating profit of $616,989 for the six months ended 31st Dec 2022

FBC was competing with the private sector after receiving significant grants from the govt – Fiji TV

By Vijay Narayan
31/01/2023
[Photo: File]

Fiji Television Limited has announced an operating profit of $616,989 for the six months ended on 31st December 2022 against last year’s loss of $267,294.

While making a market announcement, Fiji TV Chairman, Deepak Rathod says as the economy recovered from the opening of our borders from December, the company has seen an improvement, although still somewhat subdued, in the advertising and sponsorship spend by businesses.

Rathod says the smooth transfer of power to the new government following the recent elections together with their recent actions have also provided the much needed boost to the confidence in both consumers and the business community.

Fiji TV also says it looks forward to the review of FBC and its operations and being made accountable for the manner in which it has been competing with the private sector while receiving significant grants from the government.

The company is also in the process of finding a new Chief Executive Officer, Manager Sales and Marketing and Creative Producer.

FEATURE NEWS
Army Commander verbally reprimands Brigadier General Gadai, reaffirms RFMF commitment to democratic processes
The Commander of the Republic of Fiji Military Forces, Major-General Ro Jone Kalouniwai has reaffirmed the RFMF’s historic decision during the Decem...
11 hours ago
LATEST NEWS
Recruits reminded of the importance of accountability and urged to wear their uniforms with pride
Minister for Policing, Ioane Naivalurua reminded the Batch 68 recruits during their passout today of the importance of accountability, urging ...
14 hours ago

Jittu Estate set to host Vuvale Fun Day to empower community and youth
Jittu Estate will come alive tomorrow during Vuvale Fun Day, a community event hosted by Inspire Pacific which is designed to unite families and ...
14 hours ago

Govt doesn't interfere in electricity pricing decisions - PM
Following the announcement in the increase in electricity tariff rates from January 1st, Prime Minister Sitiveni Rabuka has stressed that while ...
14 hours ago

New e-ticketing system complies with legal receipt requirements - LTA
The new e-ticketing system fully complies with all legal requirements for issuing fare payment receipts, which are now provided electronically and ...
15 hours ago

$8.8M bridge upgrade to improve accessibility for Taveuni
Accessibility for the people of Taveuni is expected to improve as work on four key bridges worth a total of $8.8 million has begun.While ...
16 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Fiji needs to act on human trafficking indicators associated with Grace Road Group
The United States has expressed serious concern about human trafficking indicators linked to the Grace Road Group in Fiji, as highlighted in the 2025 ...
2 days ago

Human trafficking allegations and issues relating to Grace Road Group
Human trafficking allegations and concerns linked to the Grace Road Group/+ARTICLE-311061+ARTICLE/PM says Govt cannot interfere into any human ...
2 days ago

Sonia Shanaaz says silent treatment hurts as she waits for assistance for her daughter with cerebral palsy
Sonia Shanaaz, the mother of 10-year-old Aarna who was born with cerebral palsy, says silent treatment hurts after she reached out to the ...
8 days ago

TOP