Company News COX BROS. SALES UP
Record HalfYear (N-Z. Press Assn—Copyright) MELBOURNE. March 7. Cox Brothers (Australia). Ltd, large retail group, had record sales of £16,600,083 in the half-year ended January 31, compared with £16,234,637 in the corresponding period of the previous year. Interim dividend on ordinary shares is steady at 5 per cent The sales increase cd £375,000 was a rise of 23 per cent, on a comparable More basis as there were no acquisitions in the last 12 months. It is an increase on the boom half-year of 1860-61 when the rise then, over the previous corresponding half-year, was 10' per cent. The subsidiary companies have declared their usual interim dividends. Preference dividends of 3} per cent, will be paid on March 30 to shareholders registered on March 21. Ordinary dividend will be paid on May 15 to shareholders registered on March 21. Final dividend last year was 5 per cent.
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Bibliographic details
Press, Volume CI, Issue 29766, 8 March 1962, Page 19
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153Company News COX BROS. SALES UP Press, Volume CI, Issue 29766, 8 March 1962, Page 19
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