Fijian Holdings Limited (FHL) Group has reported a consolidated Net Profit Before Tax (NPBT) of $60.3 million for the year ended 30 June 2025, down 14% from FY2024.
FHL achieved several major milestones aligned with its strategic agenda.
The FHL Tower in Suva received occupancy certification in June 2025, completing a high-end landmark building and marking a key achievement in the Group’s property portfolio.
In partnership with Nawaibuta Properties Pte Limited, FHL also launched a new commercial development in Korovou, Tailevu, representing one of its Impact Investments, with commitments of up to $50 million for joint ventures with resource owners.
FHL subsidiaries also posted strong results. Merchant Finance Limited expanded its market presence with innovative products targeting underserved segments, with its loan book surpassing $200 million. South Sea Cruises continued to lead the Group’s performance, investing in new assets to capitalize on robust growth in tourism.
Strong contributions from South Sea Cruises, RB Patel Group, and Merchant Finance helped offset weaker performances in Basic Industries and a $3.5 million reduction in associate profits.
At the holding company level, FHL recorded a profit before tax of $18.7 million, up from $16.9 million in FY2024, supported by higher dividend revenues from South Sea Cruises, FHL Fund Management, and FHL Media.
“FY2025 has been a year of both achievements and challenges. Our landmark projects and subsidiary performance demonstrate the strength and diversity of FHL’s portfolio,” Chairman Rokoseru Nabalarua said.
“The Group remains committed to exploring new opportunities, while maintaining a disciplined approach to debt and capital deployment.”
“Looking ahead, we remain mindful of global uncertainties, inflationary pressures, and geopolitical risks, but confident in FHL’s ability to adapt, grow, and deliver value for all stakeholders.”
As of 30 June 2025, FHL’s net assets stood at $707.4 million, up from $648.9 million in FY2024, reflecting continued growth in investments and capital expansion across the Group.
