The Minister of Works, Transport and Infrastructure, Afioga Olo
Afoa Fiti Vaai, on behalf of the Chairman and Board of Directors, Management and staff of
the Samoa Ports Authority (SPA), presented the Authority’s Dividend Cheque of
$3,991,448 to the Minister for Public Enterprises, Afioga Leatinuu Faumuina Wayne
So’oialo on behalf of the Government of Samoa.
The Dividend declared and approved by the SPA Board represents 35% of the Audited
Net Profits of $11,404,138 for the financial year ending 30 June 2023.
This is the seventh consecutive year SPA has consistently achieved a Net Profit allowing
the Authority to pay dividend to its shareholder, the Government of Samoa, as regulated
under the Public Bodies Act 2001. From 2017 to 2023, SPA has paid a total accumulated
dividend of $23,611,352 million tala to the Government.

As a state owned entity (SOE), the Authority is proud of its improved financial situation
allowing it to honour its statutory responsibilities such as paying dividend to assist the
Government with its many developments.
SPA acknowledges with appreciation the support from our Government, business
partners, port users, stakeholders, the Board of Directors, Management and most
importantly, the hard working staff and their families of whom, is the driving force behind
the positive results.