VIBRAPAC, OTAGO
£2129 Profit In Six Months (N.Z. Press Association) DUNEDIN, March 17. Vibrapac (Otago), Ltdmade a net profit of £2129 in the six months ended December 31—the first trading profit since the company’s establishment some three years ago. Gross profit was £13,791. compared with £18,711 in the 12 months ended June 30. A considerable proportion of the accumulated net loss of £25,575 was attributable to depreciation, says the interim report.
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Press, Volume C, Issue 29467, 20 March 1961, Page 12
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71VIBRAPAC, OTAGO Press, Volume C, Issue 29467, 20 March 1961, Page 12
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