A HALF-YEAR'S PROFITS.
(By Cable.—Press Association.—Copyright) (Received October 29th, 8.30 p.m ) SYDNEY, October _y. The half-yearly meeting 0 f tho Colonial Sugar Refining Company was held to-day. The not profits for six months in Australia wore £128.440, and in Fiji and New Zealand £127,000, to which had to be added an undivided balance of £249,703. After transferring £2.50,000 to the capital account, a BUm 0 f £255,144 was left available for distribution, which was appropriated as under—a dividend of 5 per cent, for the half-year, a bonus of 5s per share, whilst £52,019 was added to the profit and loss account. The report, which was adopted, stated that tho production of sugar this season would considerably exceed that of the previous year. Tho Cane crop waa heavy, and tho sweotness above tno average.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19131030.2.41.1
Bibliographic details
Press, Volume XLIX, Issue 14810, 30 October 1913, Page 7
Word Count
133A HALF-YEAR'S PROFITS. Press, Volume XLIX, Issue 14810, 30 October 1913, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.