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ATH Records A $14,603,000, Profit After Income Tax In Last Financial Year

The consolidated profit after income tax to the members of the Amalgamated Telecom Holdings Ltd (ATH) for the financial year ending March 31, 2021 was $14,603,000. This is according to
02 Sep 2021 11:05
ATH Records A $14,603,000, Profit After Income Tax In Last Financial Year

The consolidated profit after income tax to the members of the Amalgamated Telecom Holdings Ltd (ATH) for the financial year ending March 31, 2021 was $14,603,000.

This is according to the ATH and subsidiary companies financial statements for the year ended March 31, 2021, released yesterday by the South Pacific Stock Exchange (SPX).

 

ATH stated : “No dividends were declared by the ATH for the year ended 31 March 2021 and nil in 2020.

“In terms of financial impact to the Group, the pandemic has caused loss in revenue for some of the group entities.”

It said however, the diversified revenue base of the Group has allowed the Group to cushion the impacts to some extent.

 

“Whilst the full impact of COVID-19 on the Group remains to be seen, the Group continues to monitor and assess its business operations daily and will undertake actions as appropriate.”

“ The Group has implemented precautionary measures, protocols and has established, and continually reviews, plans for alternative arrangements and strategies under different scenarios to minimize the disruptions to its day-to-day operations.”

 

Feedback: maraia.vula@fijisun.com.fj



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