Apenisa Waqairadovu 
[File Photo]
Port Denarau Marina Limited achieved a net profit before tax of over $2.1m for the first half of the financial year ending January 31.
This was a nine percent decrease compared to the previous year but 9.4% above budget.
Despite the lower profit projection due to planned maintenance, actual expenses were less.
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The Board has declared an interim dividend of $900,000 or 2.25 cents per share, a 12.5% increase from last year, reflecting confidence in future performance.
The company is investing in infrastructure, including a superyacht jetty extension and dredging, to support growth and its position as a yachting destination.
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