FijiCare Group announces record consolidated profit of $6.1m

The FijiCare Group has announced a record consolidated after income tax profit of $6.1 million for the year ended 31st December 2021.

The Group recorded $1.6 million profit in the previous corresponding period.

FijiCare Executive Director, Avi Raju says the results have been achieved despite the operational challenges of COVID-19 and this has led to overall increase in shareholders value from $16.3 million in 2020 to $21.9 million in 2021.

Raju says VanCare has yet again delivered solid results for the Group and the highlight has been the initiation of MIOT Pacific Medical which will see the opening of a chain of medical and diagnostic centres throughout Fiji on a fully integrated digital platform.

He adds they remain optimistic for 2022 with travel restrictions easing off but are also prepared to position themselves to face local and global economies impact on the Group.