Regent Motors Confident
Regent Motors (Holdings), Ltd, of Melbourne, distributors of Volkswagens, Rovers and Volvos, faced the future with confidence as all vehicles were now selling at a better rate in the current year than they were in toe second half of toe last financial year, said the chairman. Mr L. R. V. Speuoer, at the annual meeting. A rise in sales would automatically follow confidence being restored in toe minds of the vast army of industrial workers in Victoria. During the year .ahareboldincreased by about £400,800 to £l5 million from toe revaluation and profit on »e Mie of the company's shareholding in Volkswagen 'Australasia) Pty, Ltd. NMtbeni SteeL— Northern Seel Supplies. Ltd. Auckhas declared an mterim dividend of 5 per cent Total payment last year wag 10 per cent The dividend is payable on December 8. ex-dividend same day.—(P.A.)
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Bibliographic details
Press, Volume C, Issue 29682, 28 November 1961, Page 21
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140Regent Motors Confident Press, Volume C, Issue 29682, 28 November 1961, Page 21
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