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Pleass Beverage & Packaging (PBP), a bottling and packaging company based in Fiji, has declared a final dividend of $180,000 at $0.03 cents per share for the year ending December 31, 2008.
A statement to the South Pacific Stock Exchange said the shareholders register would be closed on June 19.
The company said dividend cheque payments would be made to shareholders via the Central Share Registry on June 29.
The newly-listed water bottling firm announced an after-tax profit of $398,584 for its 2008 financial year, in early May, a 47 per cent increase from its 2007 results.
PBP chairman Warwick Pleass said the performance was achieved on the back of a 20 per cent growth in revenue, with sales revenue for the year coming in at $4,837,424 ($4,045,905 in 2007).
“The results were very encouraging considering the tough business environment in which PBP operated throughout the year,” Pleass said when making the announcement at the South Pacific Stock Exchange.
“Our people drove our beverages division to generate 37 per cent sales growth. Beverages, mainly bottled water, currently makes up about 38 per cent of our revenue and is our fastest growing segment. This growth has underlined our confidence in the future of beverages to our business.”
