Adelaide Steam. Div. Rise
(N.Z. Press Assn.—Copyright) ADELAIDE, Aug. 20. Adelaide Steamship Company, Ltd., has lifted dividend from 6% per cent to 7 per cent following a 29.1 per cent increase in consolidated net profit for the year to June 30. The latest profit, contained in a preliminary report and subject to audit, is £387,606 compared with £300,275 last year. It was struck after substantial increases in both taxation and depreciation provisions.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19630821.2.209.8
Bibliographic details
Press, Volume CII, Issue 30215, 21 August 1963, Page 19
Word Count
72Adelaide Steam. Div. Rise Press, Volume CII, Issue 30215, 21 August 1963, Page 19
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.