COMPANY AFFAIRS
DOMINION RUBBER COMPANY,
INCREASED PROFITS
The annual report of the Dominion Rubber Company, Ltd., states that the profit for the year ended November 30. after providing fc-r depreciation and income tax, is £5691. to which has to be added £511 brought in from last year. The interim dividend of 5 per "cent absorbed £2000. and the directors have now declared a final dividend of three per cent, requiring £1500. A sum of £500 has been placed to general reserve, and a further £500 to replanting reserve, leaving £1202 in be carried forward. J he profit of tlip eompanv in the vear ended November. 1037. was £3543. against £28,36 in the previous year. Th» dividend distributed in the 1937 year wat? 6 per cent, againet per cent in 1936.
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Bibliographic details
Auckland Star, Volume LXIX, Issue 74, 29 March 1938, Page 4
Word Count
130COMPANY AFFAIRS Auckland Star, Volume LXIX, Issue 74, 29 March 1938, Page 4
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