COMPANY AFFAIRS.
A. J. ENTRICAN AND CO
PAST YEAR'S TRADING
NOT SO GOOD.
In their annual report to shareholders, the directors of A; J. Entrican and Co. express regret that the past year's trading his not been as satisfactory as usual. However, the directors have decided to recommend a dividend of 6 per cent on both ordinary and preference shares, utilising for this purpose the balance of the contingency reserve established last year. The net profit totalled £1481. The gross profits were £55,783, general expenses £53,002, and debenture interest, £1300.
The paid-up capital of the company is £59,746. Chief liabilities are: Bank overdraft, £19,948; debentures, £20,000; sundry creditors, £56,482. Chief assets are: Properties, £22,975; merchandise, £63,093; sundry debtors, £74,190; Government loan bonds, £3421; shares, £1125; cash, £6333; mortgages, £6878.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19290607.2.19.6
Bibliographic details
Auckland Star, Volume LX, Issue 133, 7 June 1929, Page 4
Word Count
129COMPANY AFFAIRS. Auckland Star, Volume LX, Issue 133, 7 June 1929, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.