National Trading Profit
(New Zeafanrt Press Association) AUCKLAND. April 2. Net profit of the National Trading Company of N.Z.. Ltd., Auckland. for the year to January 31 was slightly lower at £22.316 Last vear net earnings were £23.976 This year’s result is after tax provision of £23.201. compared with £14.260. and depreciation of £10.195 compared with £B3Ol The company is celebrating its hft'eth vear. and to mark the anniversary is paying a bonus dividend of 2 per cent in addition to an unchanged dividend of 8 per cent
Dividend takes £20.000 (last year £ 16.0001 and carrv-forward is increased from £18954 to £23 749 The balance sheet shows a reduction in bank overdraft from £29 152 to £3383
Wellington Customs.—There was an increase of £319.511 in customs revenue collected In Wellington last month, compared with the same month last vear Main details, with 1957 figures in parentheses, are:— customs. £10721180 (T 965 662): octroi tax £236 760 <£2ol 2651: sales tax £1.182.373 < £1013.710); totals. £2.581.925 1£2.262.594).
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19580403.2.163
Bibliographic details
Press, Volume XCVII, Issue 28552, 3 April 1958, Page 17
Word Count
165National Trading Profit Press, Volume XCVII, Issue 28552, 3 April 1958, Page 17
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.