P. AND O. PROFIT MAINTAINED
(N.Z. Press Association—Copyright)
LONDON, March 15. Group net profit of the Peninsular and Orient Steam Navigation Company. Ltd., rose from £5.254,695 to £5.603.071 for the year ended September 30.
The company will pay a dividend of 2J per cent, less income tax on the preferred stock for the half year ended March 31, 1956. The company also announces a final dividend of 5 per cent., less income tax. for the year ended September 30, 1955. on its deferred stock, making a total of 8 per cent, for the year on £27.555,108 capital, against 16 per cent, on £ 13.777,554 capital in 1954. The dividends paid and proposed for the year will absorb £1.354.935 sterling, compared with £1.296.025 in 1954.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19560317.2.133.7
Bibliographic details
Press, Volume XCIII, Issue 27920, 17 March 1956, Page 12
Word Count
123P. AND O. PROFIT MAINTAINED Press, Volume XCIII, Issue 27920, 17 March 1956, Page 12
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.