COMPANY AFFAIRS.
SHARLAND AND CO. DIVIDEND OF 7 PER CENT. .. The -annual report of Sharland and Company for the year ended August 31 states that, after providing for bad and doubtful debts, full depreciation of plant, taking stock at saleable prices, and payment of interim dividend, there remains a balance of £10,975 8/4, including £4450 11/8 brought forward from last year's account. The directors recommend the payment of a dividend of 7 per cent, less the interim dividend of 2Yz per cent paid in May. This will absorb £5625, leaving £5350 8/4 to be carried forward. The directors remark that the thanks of shareholders are due to the general manager and staff for the efficient service rendered during the year in the discharge of their general duties, and especially in connection with the extra work involved in taking over Young's Chemical Company. The company's resylts and appropriations for the last three years have been aa follows:— 1927. 1928. 1929. £ £ £ Brought forward . 4,431 4,985 4,450 Net profits 9,304 8,215 9,650 13,735 13,200 14,100 Dividend 7 p.c. .. 8,750 8,750 8,750 Carried forward .. 4,985 4,450 5,350
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19291029.2.25
Bibliographic details
Auckland Star, Volume LX, Issue 256, 29 October 1929, Page 4
Word Count
183COMPANY AFFAIRS. Auckland Star, Volume LX, Issue 256, 29 October 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.
Log in