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
Tuesday 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.

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