HFC records net profit of $4.5m HFC has made a net profit after tax of $4.5m for the financial year ending 30th June 2014. The profit is attributed to increase in net operating income by $2.5m resulting from quality credit writing and prudent management of impaired assets. HFC Bank chief executive – Isikeli Tikoduadua says the results are eight months of non-banking operations as a licensed credit institution and the remaining four months of commercial banking. Tikoduadua says a dividend of $2.7m is being paid to the shareholders of Fiji National Provident Fund and Unit Trust of Fiji at 75% and 25% respectively. fbc.fj/fiji/23435/hfc-records-net-profit-of-4-5m#sthash.tgc2ZUDT.dpuf FBC News FBC News fbc.fj|By Rox Conduit LikeLike · · Share
Posted on: Fri, 03 Oct 2014 07:05:30 +0000
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