Company News DALGETY YEAR
9 p.c. Fall In Profit Net profit of Dalgety and Company, Ltd., fell £90.075, or 9 per cent., to £903.000 in the year ended June 30. 1961, according to a preliminary statement reported in a Press Association message from Wellington. The previous year profit rose £192.926. This result is reached after unstated depreciation I (£625,415 last year) and taxation of £898.200 (down l £39,186). The preliminary j announcement makes no! mention of portions of the' profit attributable to minority! shareholders in subsidiaries.! who claimed £17.242 last year.. The latest result excludes £36.700 (down £45.241) retained in the accounts of subsidiaries. Recommended final dividend is 5 per cent., making 8 per cent, (unchanged) for the year. Both dividends are free of tax. and require a total of £514.000. Preference charge of 5j per cent, takes £50,500. Contingencies reserve receives £200,000 (down £100.000). Carry-forward is increased from £758,849 to £897300.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19610925.2.233
Bibliographic details
Press, Volume C, Issue 29627, 25 September 1961, Page 16
Word Count
152Company News DALGETY YEAR Press, Volume C, Issue 29627, 25 September 1961, Page 16
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.
Log in