Growth in cargo volumes and the number of ships calling at the Port of Nuku’alofa, as well as operating efficiencies has resulted in a record dividend of $$1,617,862 for the financial year 2015/16 for the Ports Authority of Tonga. The dividend was declared by the Board of Directors on 1 December 2016, during their Annual General Meeting in Nuku'alofa, when the Chairman Mr Stephen Edwards, presented a dividend cheque to the Minister for Public Enterprises, Poasi Mataele Tei, for the shareholder, the Government of Tonga.
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Results for Tonga dividend
Friday 2 December 2016
Thursday 10 December 2015
Tonga Power Ltd. paid its highest dividend to the Government of Tonga, handing over a cheque for $2 million pa'anga on December 8. The 2014-15 dividend represents a 27% increase on the previous year's return to government.