Tailevu Holdings Company Pte Ltd Remains Resilient: Chairman

Tailevu Holdings Company PTE Limited Chairman Malakai Naiyaga says the company remained resilient despite the negative impact of the COVID-19 pandemic during the July 1, 2021 to June 30, 2022 financial year.
Mr Naiyaga, while presenting the report during the Tailevu Provincial Meeting, said the company’s June 30, 2022, results demonstrated signs of steady recovery.
He said it continued to consolidate in strengthening partnerships and building good relationship with customers which enabled the company to perform well.
“The lockdown of COVID-19 did not affect tenancy, since the properties accommodated the public offices that served as anchors and operation centres during this period. We played our part during the pandemic in offering our Vale Ni Bose to house the Central Division operation centre,” Mr Naiyaga said.
“Revenue generated from properties more than adequately offset the border closures costs impact and costs increases that the cartage business faced which ended the financial year with an operating loss.
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