Fiji Airports Ltd has handed over $US21 million in dividends to the government for its 2017 financial year, the highest ever paid by a state-owned enterprise.
Aiyaz Sayed-Khaiyum Photo: SUPPLIED
The Fiji Times reported the recently rebranded organisation raked in a high audited profit before tax of over $38 million for the financial year ending 2017.
The Minister for Economy and Civil Aviation Aiyaz Sayed-Khaiyum said Fiji Airports had grown in leaps and bounds over the last five years and has reached unprecedented levels of dividend payments.
He said in many ways Fiji Airports had become a model state owned enterprise with its profitability growing by 1000 per cent or tenfold.