COMPANY NEWS
Transport Nal-on Holdings .—lnterim —7p A*)* 3 PCI cen t ex November 24;
Toppa Holdings, Ltd. (Melbourne).— This company earned a consolidated net profit of £16,363 in the year to June 30. The result is an increase of £1207 over the previous year’s profit. Tax provision was *.851 higher at £4750, and depreciation £2699 higher at £15,383. The directors are again not recommending the payment of a dividend and have retained the profit to provide for expanding business. In addition to the net consolidated earnings, the company reports a profit sale °* assets amounting to £12.287. The latest report covers the second full year as a holding company which was formed from the merger of Toppa Ice Cream, Ltd., and Polar Products, Ltd.—(P.A.)
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Bibliographic details
Press, Volume XC, Issue 27500, 6 November 1954, Page 10
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124COMPANY NEWS Press, Volume XC, Issue 27500, 6 November 1954, Page 10
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