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Vision Investments Assures Shareholders Of Focus To Deliver Projected Results

  Despite operating in a highly-competitive environment, the board of Vision Investments Limited remains focussed on ensuring it delivers projected results. Vision Investments Limited chairman, Dilip Khatri, gave this assurance
14 Sep 2016 11:59
Vision Investments Assures Shareholders Of Focus To Deliver Projected Results

 

Despite operating in a highly-competitive environment, the board of Vision Investments Limited remains focussed on ensuring it delivers projected results.

Vision Investments Limited chairman, Dilip Khatri, gave this assurance to shareholders yesterday during the company’s annual general meeting in Suva.

He emphasised the company achieved a pleasant results of $16.1 million pre- on a turnover of $137.4 million.

Mr Khatri further highlighted, out of the net earnings for the financial year, the board declared $9.7 million as dividends.

“This is equated to around 9.6 cents per ordinary share,” he said.

Vision Investments Limited listed on the South Pacific Stock Exchange on February 29 this year.

Mr Khatri described the performance as the first historic year for the most recently enlisted company on the SPSE.

He further thanked new shareholders without whom achieving such positive results may not have been possible.

These include International Finance Corporation, Fiji National Provident Fund, Unit Trust of Fiji and Fijian Holdings Limited.

Furthermore, Mr Khatri announced the board has appointed sub-committees to provide advice and conduct in-depth reports.

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