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Fiji Tv Makes F$5.2 Million Profit

Fiji Tv Makes F$5.2 Million Profit

SUVA (Fiji Times Online/Pacific Media Watch): Fiji Television Ltd made a trading profit of $5.2 million for the six months ending December 31, 2004.

The company released its half-year financial statements to the South Pacific Stock Exchange last week.

According to the report, Fiji TV made a turnover of $7.8 million in the six months compared to $6.5 million for the same period in 2003.

The company's net profit was $2.06 million, compared to $2.2 million in 2003.

Meanwhile, the company also announced Arvin Datt, Fiji TV's financial controller, as the company secretary of its board of directors.

He replaces Mesake Nawari, who has been acting in the position since September.

Nawari is the television company's chief executive designate.



PACIFIC MEDIA WATCH is an independent, non-profit, non-government organisation comprising journalists, lawyers, editors and other media workers, dedicated to examining issues of ethics, accountability, censorship, media freedom and media ownership in the Pacific region. Launched in October 1996, it has links with the Journalism Program at the University of the South Pacific, Bushfire Media based in Sydney, Journalism Studies at the University of PNG (UPNG), the Australian Centre for Independent Journalism (ACIJ), Auckland University of Technology in New Zealand, and Community Communications Online (c2o).

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