Pleass Global Ltd, bottler and exporter of AquaSafe and VaiWai Natural Artesian Water, has announced a provisional revenue of $22 million for its 2023 financial year, a 27 per cent growth from 2022.
The company made the announcement at the South Pacific Stock Exchange (SPX), where it is listed under company code PBP.
“2022 saw us recover from COVID and get back to where we had budgeted to be in 2020,” it stated.
“In 2023 we continued to grow revenue and profit while expanding production capacity even further.
“We are now ready for strong growth in 2024 and onwards.”
PBP is also moving into real estate with the planned development of 440 acres (178 hectares) of freehold land straddling the Suva-Nadi Highway, 30 minutes from Suva by road.
“We are making more roads, staff accommodation, and buildings for company expansion while growing the already very strong team of professionals that are designing that integrated town that we have christened the Kila Sustainable Smart Community (KSC).”
It said current modelling included 221 acres of residential lots, 86 acres of commercial lots, 71acres of industrial lots plus 34 acres of green reserves with residences for 1200 people and jobs for 2400 people.
