COMPANY NEWS
BURNS PHILP TRUST TO PAY DIVIDEND Burns Philp Trust Company. Ltd., is paying a dividend of 5 per cent, for the year ended December 31. This is the company’s first dividend distribution since its formation as a subsidiary of Burns Philp and Company, Ltd., in 1938. The net profit of £Bl9O is an increase of £lO4O. after depreciation £7OO (up £450) and unstated tax. Dividend £6ooo. After £1638 (last year £1430) for special reserve, carry forward is £552 higher at £949. Gross income rose £3348 to £38,478.
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https://paperspast.natlib.govt.nz/newspapers/CHP19570122.2.158
Bibliographic details
Press, Volume XCV, Issue 28182, 22 January 1957, Page 13
Word Count
89COMPANY NEWS Press, Volume XCV, Issue 28182, 22 January 1957, Page 13
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Acknowledgements
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