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CANTERBURY ROLLER FLOUR

The accounts of the Canterbury Roller Flour Mills Company, Ltd., for the year ended December 31, 1958, show a net profit of £lOl6 compared with £1471 for the previous year. This profit was reached after providing £351 (£l3O previously) for tax and £1773 (£1332) for depreciation. An unchanged dividend of 5 per cent, will require £1250, leaving £2611 (£2845) to cany forward. Paid capital remains at £25,000 In ordinary shares and reserves are £2611 (£2845). The directors say that the industry is in an unsatisfactory state because of price control but every effort is being made to effect an improvement.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19590310.2.199

Bibliographic details

Press, Volume XCVIII, Issue 28840, 10 March 1959, Page 21

Word Count
103

CANTERBURY ROLLER FLOUR Press, Volume XCVIII, Issue 28840, 10 March 1959, Page 21

CANTERBURY ROLLER FLOUR Press, Volume XCVIII, Issue 28840, 10 March 1959, Page 21

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