Fiji Pine announces $35m operational profit

Fiji Pine Group executive chairman Faiz Khan. Picture: FT FILE

FIJI Pine Group of Companies executive chairman Faiz Khan has announced that $35million in operational profits has been forecasted for the group this year.

He said if the company added back the record $7m paid to landowners for lease bonus, the 2018 operational profits was forecasted at a whopping $42m.

Mr Khan highlighted that this signalled a complete transformation of the pine industry.

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