Fiji Times Logo

Fiji Time: 9:40 AM on Friday 1 August

/ Front page / News

Miller records surplus, reinvests earnings

Salaseini Moceiwai
Saturday, May 10, 2014

REWA Rice Limited has recorded a surplus and invested about $264,500 from its normal cash flow to finance some internal purchases over the past 10 months.

In an interview in Labasa this week, company mill manager Ashrit Pratap said the allocation included the maintenance of the Dreketi mill, purchase of a new mill generator and a company vehicle and their loan repayment to FDB.

"For the mill, we spent about $71,500 and another $72,000 to buy the new generator," he said.

"We bought the new company vehicle for $62,000 and the loan repayment to FDB was $50,000. We also did some repair works in one of our properties in Nausori and this cost us about $11,000."


Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Born out in the cold
  2. Mother seeks compensation for loss
  3. LTA sticks to sticker
  4. Gifts up in flames
  5. Out of comfort zone
  6. Demand up
  7. $11m health relief
  8. Thousands visit agricultural show
  9. Firefighters ask for land
  10. FSC signs deal

Top Stories this Week

  1. Fijian woman jailed for stealing millions in NZ Sunday (27 Jul)
  2. Hero's tale Tuesday (29 Jul)
  3. 10 degrees lowest yet Monday (28 Jul)
  4. New United formation Monday (28 Jul)
  5. Million-dollar man Saturday (26 Jul)
  6. Misleading phone deals Monday (28 Jul)
  7. Iliesa Delana explains Wednesday (30 Jul)
  8. PM denies claims Thursday (31 Jul)
  9. Protest over ads on cabs Thursday (31 Jul)
  10. Help for illegal Fijians Tuesday (29 Jul)