[PRESS RELEASE 28th February 2025] – The Minister of Works, Transport and Infrastructure, Afioga Olo Fiti Afoa Vaai on behalf of the Chairman and Board of Directors, Management and Staff of Samoa Shipping Services (“SSS”) presented its Dividend Cheque of SAT$180,825.57 to the Minister for Public Enterprises, Afioga Leatinuu Wayne So’oialo on behalf of the Government of Samoa.
The Dividend declared and approved by the SSS Board represents the 35% of the Audited Net Profits of SAT$516,644.49 for the financial year ending June 2023.
This is the third (3rd) consecutive year after the COVID 19, SSS has achieved a Net Profit allowing SSS to pay dividend to the Government of Samoa as per Dividend Policy 2018 and honour the statutory responsibilities of the Public Trading Bodies as stipulated under the Public Bodies Act 2001.
SSS acknowledges with gratitude the support from the Government, stakeholders, and business partners, the Board of Directors, Management and the hardworking staff who have contributed the most in achieving this positive result.
Tafesilafa’i Leo’o Aloialii Ipiniu Filipo
GENERAL MANGER
END.
SOURCE – Samoa Shipping Services, Ministry of Works, Transport and Infrastructure Samoa,
