INDUSTRIAL PROFITS.
AUSTRALIAN INCREASES. i The condition of industry and trade is fairly closely reflected in changes in the profits of public companies, says the latest summary issued by the National Bank of Australasia, Limited. The following table shows how the profits of 102 companies have increased by over 32 per cent since 1932:— Profits. Year Declared. £ 1932 2,812,007 1033 3,007,074 1034 3,087,080 1035 3,038,073 The paid capital of the 102 companies as shown in their latest balauce-shcets amounts to £30,376,000, .mid their disclosed reserves to £ 18,975,000. - The proportion of profits to paid-up capital for the latest period shown is equal to 7 per cent, and to paid capital, plus reserves, 5.2 per cent. Only seven of the companies reported losses in 1935, against 20 in 1932. Inquiry into the results obtained by private companies and firms indicates a somewhat parallel movement in their profits.
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Auckland Star, Volume LXVI, Issue 234, 3 October 1935, Page 4
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145INDUSTRIAL PROFITS. Auckland Star, Volume LXVI, Issue 234, 3 October 1935, Page 4
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