FIJI TV SUFFERS LOSS IN FIRST HALF

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Setback follows $903,000 profit last year

SUVA, Fiji (Fiji Times, February 28, 2009) – Fiji Television Limited recorded a net after-tax loss of $401,664 [US$217,000] for half year ended December 31, 2008.

This compares with an after-tax profit of $1,670,230 [US$903,000] for the same period the year before.

Questions sent to group chief executive Tarun Patel yesterday remained unanswered when this edition went to press.

The figures were released to the South Pacific Stock Exchange.

Fiji TV faces two free to air rivals in the coming year Mai TV and PBS TV.

Fiji Times Online: http://www.fijitimes.com.

 

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