2019 Financial Results

BSP announces profits for 2019

The result follows another positive year despite economic headwinds and uncertainties, with the company once again surpassing K1 billion (K1.25b) revenue mark.

CEO, Robin Fleming, announced the results in Port Moresby on March 2nd.

Despite total income remaining flat, the BSP Group recorded a consolidated operating profit after tax of K890.4 million for the 2019 financial year; a 5.5 percent increase from 2018.