The Fijian Holdings Limited (FHL) Group has reported a decline in profitability for the six months ending on the 31st of December 2025, citing a challenging operating environment marked by rising business costs and slower economic activity.
According to the Group’s half-year results, revenue dropped slightly by 1.5 percent to $207.5 million compared to the same period last year, while unaudited profit before tax dropped to $34.3 million from $37.3 million previously.
They say despite the softer earnings, the Group’s net assets rose to $429.5 million, reflecting continued investment and portfolio expansion.
Total assets also increased significantly to $965.1 million as at 31st of December 2025, up from $917.3 million in June 2025, highlighting ongoing strategic investments across its businesses.
The Group says contributions from several core subsidiaries in retail, financial services, tourism and media slowed due to cautious consumer spending and sector-specific pressures.
However, key developments during the period included the official opening of the FHL Tower in October 2025 and continued progress on impact investment projects through Nawabuata Holdings Pte Limited.
FHL’s Merchant Finance arm expanded lending into new market segments, while Basic Industries invested in a new concrete batching plant to improve efficiency. Pacific Cement is also progressing plans to upgrade its mill, and South Sea Cruises continues to expand its fleet and tourism offerings in the Yasawa and Mamanuca regions.
Looking ahead, the Group warns that global trade uncertainties, inflationary pressures and domestic demand conditions may continue to influence business confidence and spending patterns. Nevertheless, FHL says it remains focused on cost discipline, operational efficiency and digital transformation to strengthen long-term resilience.
The Board thanked shareholders, staff and stakeholders for their continued support as the Group moves into the second half of the financial year with a focus on sustainable growth.
