BARNET GLASS RUBBER.
REDUCTION OF DIVIDEND. The Barnet Glass Rubber Co., Ltd., for the twelve months ended June 30, shows a substantial decline in profits. Net income amounts to £78,479, which compares with £127,637 for the preceding year. With £25,359 brought forward the amount available is £103,838. Dividend, on preference shares is 8 per cent, against 10 per cent paid for 1928-29, and ordinary shareholders receive 6 per cent against 10 per cent. To reserve £25,000 is transferred, increasing it to £175,000, and £29,883 is carried forward.
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https://paperspast.natlib.govt.nz/newspapers/AS19300926.2.21.12
Bibliographic details
Auckland Star, Volume LXI, Issue 228, 26 September 1930, Page 4
Word Count
87BARNET GLASS RUBBER. Auckland Star, Volume LXI, Issue 228, 26 September 1930, Page 4
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Acknowledgements
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