MEAT COMPANY'S PROFITS.
(By Telegraph.—Press Association.) i CHWSTCHURCH, this day. j The annual report of the Canterbury Frozen Meat Company shows that the) net profit for the year was £43,330 4/11, which, with the amount brought forward from last year, makes the amount at the credit of profit and loss account 4/8. Out of this further addi- , tions have been made to various reserve funds, and after such apportionments, and deducting the dividend paid at the half-year, there remains £19,654 18/9 which the directors propose be dealt with as follows: To payment of a further dividend of 3 per cent on preference and 6 per cent on ordinary shares, making 6 ■ per cent and 10 per cent respectively for l the year, £9750; to payment of a bonus of 4 per cent on ordinary shares. £4500;' i and to carry forward £5404 18/8; total. [_19,C54 18/8.
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Auckland Star, Volume LI, Issue 290, 4 December 1920, Page 6
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146MEAT COMPANY'S PROFITS. Auckland Star, Volume LI, Issue 290, 4 December 1920, Page 6
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