SILKNIT PROFIT DOWN
(New Zealand Press Association) AUCKLAND, April 12 Net profit of Silknit (N.Z.), Ltd., lingerie manufacturers. Auckland, declined by £4643 to £13,117 in the year ended December 31, 1956. The result was struck after provision of £93 less for depreciation of £3942. Again no tax provision was necessary. The debit balance of £41,122 carried forward in the previous year was reduced by the current net profit and a debit balance of £28,005 was carried forward.
National Bank of Australasia.— An interim dividend of 4J per cent, is payable on May 29, ex May 16. (P.A.)
Bank of Adelaide.—lnterim dividend for six months to March 31 is 5 per cent.—payable May 15, ex May 2.—(P.A,) ,
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Bibliographic details
Press, Volume XCV, Issue 28252, 13 April 1957, Page 13
Word Count
116SILKNIT PROFIT DOWN Press, Volume XCV, Issue 28252, 13 April 1957, Page 13
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