N.Z. REFRIGERATING CO.
INCREASED EARNINGS. DIVIDEND OF'5 PER CENT. A net profit of £79,994, compared wit!) £284 earned in the previous year, is shown in the accounts of the New Ze.:land Refrigerating Co., Ltd., Chrietchuvcn, for the year ended October 31, 1933. According to a statement issued by the company, the full accounts will be pul> Ikhed next week... The amount available for appropriation, together with; tiio balance brought forward from "the pie vious y.ear, £15,039, is £95,033. .The directors .recommend the payment of a dividend of 4 per cent, and a speci;v bonus of 1 per cent. This will abeori £31,815,. and it is proposed to transfer £30,000 to reserve, leaving a carry forward of £33,218. THe company's remits and appro iri." tions for the past three years aiu f follow:— ■ 1031. 1032. 1033 Brought forward £12,108 £14,753 £15,0: Xet profit 04,402 284 70.91* Dividend, per cent o — 5 Amount 31,815 — 31,81." To reserve ...;.. 30,000 •■ —■ , 30,00*' Carried forward.. £14,755 £15,039 £33,218
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Bibliographic details
Auckland Star, Volume LXV, Issue 10, 12 January 1934, Page 8
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162N.Z. REFRIGERATING CO. Auckland Star, Volume LXV, Issue 10, 12 January 1934, Page 8
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