Nile Textiles’ Dividend
Nile Textiles, Ltd., Sydney, has cut dividend from 12J to 8 per cent for the year to June 30. Profit fell by £15,776 to £49,285 after a tall of £15,928 in the previous year. The 8 per cent dividend takes £40,000 Earning rate is 5».86 per cent The result ts after tax £25,500 (down £10.500) and depreciation £19,434 (up £4667).
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19611128.2.194
Bibliographic details
Press, Volume C, Issue 29682, 28 November 1961, Page 21
Word Count
63Nile Textiles’ Dividend Press, Volume C, Issue 29682, 28 November 1961, Page 21
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.