In Fiji:

November 1, 2024, 2:43 pm
Business, Fiji News

FHL celebrates 40 years of growth and investment success

Eparama Warua
Journalist | [email protected]
Story By:

The Fijian Holdings Limited marks its 40th anniversary, honoring their shareholders commitment in investment and trust over the past four decades.

FHL Group CEO Jaoji Koroi says the value of shares has grown by nine times, empowering iTaukei resource-owners and giving Fijians a value for their investment.

This growth, he noted, underscores FHL’s role in empowering iTaukei resource owners and contributing to the financial well-being of Fijian investors.

Few shareholders were honored with awards, each showcasing growth and commitment in the Holding’s vision.

“The Group has now exceeded $700 million in total assets, recording a profit of $70 million in June this year”, Koroi said.

Fijian Holdings Limited was established with the aim of fostering iTaukei participation in the economy and enhancing their involvement in sectors traditionally dominated by foreign or private ownership.

Today, FHL has built a diverse portfolio spanning finance, tourism, retail, and media, among other industries, making it one of Fiji’s most influential and diversified investment companies.

Reflecting on the anniversary, FHL’s board members highlighted how the company has stayed committed to its core mission, successfully balancing profit-making with meaningful community engagement and social responsibility.

In addition, Koroi noted that FHL’s commitment to empowering resource owners aligns with Fiji’s national economic goals and provides a unique model for inclusive growth in the Pacific.