AUSTRALIAN RESULTS

Auckland Star, Volume LXXIII, Issue 235, 5 October 1942, Page 5

AUSTRALIAN RESULTS

£H8 V 4fi2 LlmUed - discloses net profit of . „ «; or year ended July 31, after oroiding £250,450 for taxation. Last year's accounts ™mn i„ 0t h £ . l9s k 2S ' but as tax allowance Y(ir f™? rS ? 0 be short by £fi4 -' IS2 - this vea£ It is compared with £130,667 last year. Ordinary dividend, cut by 2 to 8 per cent £27 150 anri ,B pVF, r reference, eference dividends amount to c7o'ioS' 5 £95,532, is carried forward, against £39,620 brought forward. Turnover reached a el, exceedin e £5.000,000. Profit before l!? 0 41° £ 398,912 against £360,429 for

r im F » 1 ' s -—Consolidated profit of Yarra Falls, Limited, and its subsidiaries (or the year to June 10m f, T ; , 20 ' compared with £154.853 lor JoCoT? is struck after providing £166,837 for nst 127,708 last year. Profit of £ ri7 P K-JaL CO S n i', at £116.724 compares with £137.629 ior 1940-41. Dividend is steady at 10 per cent, requiring £100,000. LimftVrt Profits of Myer Emporium, Hnti ' ,5? r the year to Ju lV 31 is S-fo r , n P ro , vldlnß £226.389 for taxation. Flisk?? £26,389 .short-provided for 1940-41. and £105,673 for depreciation. Last year's account** £ I °6o e ooo Pr ß fU rt °h £32 ?''®J 3 after- tax provision of £160.000 and depredation £106.264. At the meeting directors recommended the ear--0 a . , J? r £40.Q00 for tax, making P r , O , V J SI T f 2 ™ 000 and Profit £289,473 Ordinary dividend of 7t 2 per cent (reduction of o'?ir reqUl t reS v, H 9 ' 375 ' and preference dividend of 9 per cent absorbs £58.990 Carpenter (Fiji).-Net profit of W. R. Carpenter (Fiji), Limited, increased to £9,366 for tbe year ended March 31 from £1441 for 1940-41 ?oit t ry ? lvtd ' > ' 1 ? o£ 10 P er cent, the first since onol' Jf ii. !' and the 7 Per cent preference dividend absorbs £. 1400. Consolidated accounts of Hume Pipe fAust.). in subsidiaries, for the year to June P™ fit of £22.375 after eliminating equity of outside shareholders. This is struck faVw""," 5 £26,033 for depreciation and i° r j^ xes - a , nt * compares with profit of £ V?? f previous year after tax provision of £22,173 and depreciation of £39.301.