March 6, 2021 4:23 pm
Fiji Rice Limited today submitted their financial reports for the years 2013 to 2017 at their first Annual General Meeting after more than a decade.
Board Chair Raj Sharma says the audited accounts for the past years were not in order and they have spent the last few years putting it together.
Speaking to
FBC News after the meeting, Sharma says the financial report was the focus of the meeting which was held in Labasa this morning.
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The report notes that the company continues to make profit despite substantial losses recorded in the years 2013 to 2015.
In 2013, the company recorded a loss of $268,000. In 2014, they recorded a loss of $311,000 and in 2015 – a loss of $318,000.
January 6, 2021 12:30 pm
The Coconut Millers Fiji Limited has noted a significant increase in its sale.
The Fiji Coconut Millers Limited has noted a significant increase in its sale.
Board Chair Raj Sharma says last year’s sales stood at $3.2m compared to $2.8m in 2019.
Sharma says the improved sales can be attributed to COVID-19.
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