Punjas Scotch Finger Biscuit 250g

Punjas Scotch Finger Biscuit 250g is available at your RB Patel Stores around Fiji.

Therefore Punjas Scotch Finger is a scone for the conventionalist and idealist. Rich and rich this untouched most loved is the ideal organization with a cuppa for your next coffee break and the twin parts make it flawless to “Offer the Love”.

While purchasing goods from RB Patel Stores we have Terms to follow: This is not a full statement, just a portion for referencing.

Application of terms and conditions

1.1 In these terms and conditions, reference to “we” and “us” means RB Patel Group Limited trading as RB Patel and “our” has a corresponding meaning.

1.2 “You” means you our customer under these terms and conditions and “your” has a corresponding meaning.

Purchasing

We reserve the right to make changes to the information provided on the RB Patel online store at any time and without notice.

2.3 To make a purchase from the RB Patel online store on your own behalf:

1. You must be 18 years of age or over,
   ii. You must be either purchasing on your own behalf or authorised to purchase on behalf of another person.

2.4 If you are purchasing on behalf of a company, association, partnership or other such entity (“Entity”):

1. you must be authorised to agree to these terms and conditions on behalf of the Entity;
   b. therefore you must be authorised by the Entity to make the purchase;
   c. therefore you must be authorised to use the Entity’s credit card used to make the purchase; and
   d. therefore references in these terms and conditions to “you” include the Entity (as defined above).

2.8 All orders are subject to the availability of Products. If for any reason a Product is not available, we will endeavour to notify the non-availability on the RB Patel Online store.

1. therefore if you modify your Order, in which case all prices will update to the then-current prices.
   iii. therefore online product pricing may differ from in-store pricing.

About RB Patel

Despite growing competition in a low margin industry, RBG continues to be impressive with improved performance for several years in a row. In 2015 financial year the supermarket turnover was $105 million with a profit after tax of $5.9 million. RBG’s growing and well managed commercial property portfolio provides considerably strength to its balance sheet.

Rental revenue in the 2015 year was $2.4 million. The revaluation of the properties in 2006 saw the company add more than $3.5m in value to its portfolio. Since then RBG has added the JetPoint Supercenter in Nadi and HarbourPoint Complex in Lami to its portfolio.

While such capital growth has continued to support and strengthen the balance sheet, it has also set up a platform for the company against which to grow future earning using financial leverage.

To date the company has used its balance sheet very efficiently to generate sales. This coupled with healthy profit margins and a low debt to equity ratio (ROE) has generated an excellent return on equity for shareholders. RBG has proved itself to be a steady growth company delivering improved results each year.

History

Steady growth and continued exceptional performance has made RB Patel Group Ltd (RBG) one of Fiji’s leading retail groups. Starting operations from a single family owned supermarket in Labasa in the 1930’s, the company has grown into a recognized supermarket chain with ten stores around the country. It now operates retail stores in Labasa, Suva, Nausori, Nadi, Nasinu, Sigatoka, Lautoka and Lami.

While RBG’s core business is retailing, it also has interests in wholesaling and property. RBG is a leading wholesaler, supplying consumer and household products to around 700 smaller stores in Fiji and the South Pacific region. Its wholesaling arm is complementary to the core business as it wholesales the same products it retails in its stores.

As a result RBG benefits from cost and operational synergies present across the two business segments. The company also holds a strong and diversified portfolio of commercial property. The most recent addition to its property portfolio is the HarbourPoint complex in Lami.

RBG shares are currently trading at $3.05 and the company’s total market capitalization now stands at $91 million.