Fijian Holdings Limited has revealed that FHL Group's consolidated Net Profit after tax deduction, decreased by 49% during the financial year to $6.64 million.
Acting CEO, Nouzab Fareed said that 2011 has been a huge challenge for FHL and the loss was attributed from two new companies they started this year.
There will be no surprises, we will not chop and change tax policies and we are not anticipating any increases in taxes or new taxes.
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