Update: 3:37PM AIRPORTS Fiji Ltd (AFL) announced a record of $45 million dividend to the Government this year as compared to $30 million declared last year.
AFL’s executive chairman Faiz Khan said
the $45 million dividend is declared based on the strength of AFL’s cash
position and balance sheet which is strong with a forecasted EBITDA of around
$100 million in 2017.
“One of the key factors contributing to
our strong balance sheet is the revenue restructure undertaken in the last 4
years. We have also successfully built infrastructure that provides us good
value and enhances our abilities to service excellence for our customers,” he
said.
“Our hard working staff are one of our key
stakeholders. We build capacity, learn and grow with a view to excellence in
service and delivery. We recognize the performance of our people by rewarding
them on a continual basis.”
