Home Finance Company Limited, a subsidiary of the Fiji National Provident Fund and Unit Trust has achieved a milestone recording an after tax profit of $3.17 million.
HFC Chairman James Datta said this is a historical acheivement by the company since its establishment 47 years ago and has managed this despite the economic climate.
General Manager Risk and Governance Raj Sharma said the record profits was also achieved due to the company's full compliance with the International Financial Reporting Standards and new borrowings rates from the FNPF.
HFC Achieves Milestone Record
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