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Fiji supermarket chain RB Patel Group Ltd this month announced a F$45 million income turnover for the six months to December 2009.
Company chairman Isoa Kaloumaira said this was achieved on the back of a “difficult trading environment”.
“Considering the significant downturn in the economy, I am pleased to deliver these first half results - at a time when most retail businesses are finding it extremely challenging to remain profitable, this result is not an easy task,” Kaloumaira said.
The net profit after tax came to F$2.6 million for the period.
RB Patel was previously an Indo-Fijian family owned business that started over 30 years ago.
Today it is largely owned by Fijian Holdings Ltd who operate a chain of supermarkets in Fiji including New World.
The company shares is trading at F$1.82
