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The Fiji Times » Pandemic affects group profitability


Kontiki Finance board chairman Daryl Tarte. Picture: RAMA/FT FILE
Kontiki Finance Ltd (KFL) recorded an increase in its total assets under management, which grew to $275 million as at March 31, 2021, as compared with $257.3m for the same period last year.
In its market announcement of the group’s unaudited result for the nine months to March 31, 2021, KFL stated this was an increase of 7 per cent from the previous year.
Chairman Daryl Tarte said given the long duration of the COVID-19 pandemic, the economic impacts had now flowed to most sectors of the economy.
“Taking these impacts into account, we have increased our loan provisions, which has reduced profitability for the nine months to March 31, 2021,” he said. ....

Ministry Of Health , Kontiki Finance Ltd , Daryl Tarte , அமைச்சகம் ஆஃப் ஆரோக்கியம் , கொண்டிக்கி நிதி லிமிடெட் , டேரில் டார்ட் ,