The PNG Power Staff Savings & Loans Society has recorded a profit of K1.6 million for 2016. This was announced by the outgoing chairman Chris Bais during the society’s annual general meeting recently. Mr. Bais said it was a 16 per cent increase from the net profit of K1.4 million in 2015. A five per cent additional interest will be paid into the accounts of all contributing members.

Leave a Comment