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Fijian Government - SEAWALL CONSTRUCTION FOR DAKUINUKU VILLAGE COMMENCES
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Coastal News Today | Fiji - Seawall construction for Dakuinuku village commences
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The Fiji Times » Seawall construction for Dakuinuku village commences
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Timoci Vula
The Ra Marama House. Picture: SUPPLIED/FT FILE
The global COVID-19 pandemic has had catastrophic effect on the performance of subsidiaries of Fijian Holdings Limited (FHL) Group, with the half yearly report as at December last year noting a 34 per cent drop in revenue.
Total revenue recorded for six months was $119.09m compared to $179.47m for the same period reported in the prior year.
In its review released by the South Pacific Stock Exchange (SPX) today, FHL announced that the Group total net assets $288.66m as at December 31, 2020; compared to $290.40m as at June 2020.
The company said the present half year report incorporated effects of COVID-19, which was not present in the six months’ accounts for the period ended December 31, 2019.