Company News WORTHS (N.Z.)
7 p.c. Rise In Profit (NX Pr*w Association) WTOUNWTON, October 38. Wooiwvxitb* (N.ZJ. IM, mode • pereat cotnpMxy profit at in the year ended October, 1863. Thte neauit TVfswMnts sn in nr roe* of £17,781, ar 6.7 r 1 cent on last year's result, repceeetrts profits from 52 weeks' tasdiufi compared with 58 tvs ska the previous year. It is reached amr provision of £278,420—up £5300 —for taxation
As previoudy atmouoced, the final dmriend recommended is 6 per cent, making a steady 11 per cent for the year. The dividend is payable on December 16, ex November 30. The annual meeting will be hetld in Sydney on December 13. On<-for-one Bonn*.—Advertiser Newspapers, Ltd., Adelaide, will make a one-for-one bonus issue, director* announce. The dividend is expected to be reduced from 15 to 10 per cent after the i**u*. The Herald and Weekly Time* Ltd.. Melbourne, own* about 32 per rent of the present £24154)63 ordinary capltai ct Adverttear Newspapers.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19631029.2.213.5
Bibliographic details
Press, Volume CII, Issue 30274, 29 October 1963, Page 19
Word Count
162Company News WORTHS (N.Z.) Press, Volume CII, Issue 30274, 29 October 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.