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This blog is brought to you by Gilbert & Samuels Company Limited, a financial advisory services and consulting company based in Suva, Fiji.
To contact the authors of this blog, please call telephones (679) 3342719, (679) 3544897 or e-mail info@gilbert.com.fj.


Monday, March 05, 2007

VB Holdings Limited record a profit

VB Holdings Limited, a company listed on the South Pacific Stock Exchange, has recorded a profit of F$418,223.00 for its 2006 financial year compared to F$332,243.00 recorded for 2005.

The company said the improved performance in 2006 was due to outstanding performance of its fleet management division which it said was due to its "ability to respond quickly to customer choices and requirements".

Its property management division also registered a normal growth of 7% of total revenue.

The company said that despite the current political situation in Fiji, it could already see new business opportunities in 2007.

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