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BIGGER PROFIT FOR KRUPPS

FIRST DIVIDEND PAID FOR FOURTEEN YEARS (Received January 14, 5.5 p.m.) BERLIN, January 13. Krupps declared its first dividend for 14 years, of 4 per cent, on a net profit of £1,152,000, compared with £827,000 the previous year. Wages and salaries increased during the year by £1,600,000. The report does not mention armament production, but says that it was necessary to put the entire production equipment into operation and to extend many departments. The administration realises that further great demands will be made in the future.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19370115.2.69

Bibliographic details

Press, Volume LXXIII, Issue 21991, 15 January 1937, Page 11

Word Count
90

BIGGER PROFIT FOR KRUPPS Press, Volume LXXIII, Issue 21991, 15 January 1937, Page 11

BIGGER PROFIT FOR KRUPPS Press, Volume LXXIII, Issue 21991, 15 January 1937, Page 11