Myer (Gladstone) Profit Higher
(N.Z.P. A. -Reuter—Copyright) MELBOURNE, November 19. Net profit of Myer (Chadstone), Ltd., rose from £172,196 to £195,173 in the year to July 31, directors reported. Last year net earnings rose from £90,090. The company is a wholly owned subsidiary of the Myer Emporium, Ltd. The result was after depreciation of £47,971 (previously £44,715) and tax of £195,000 (£169,500). After deducting dividends of £120.000, unappropriated profits stand at £218,239 compared with £168,472, a year ago. Issued capital of the company is £500,000 in £1 shares.
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Bibliographic details
Press, Volume CIII, Issue 30603, 20 November 1964, Page 16
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88Myer (Gladstone) Profit Higher Press, Volume CIII, Issue 30603, 20 November 1964, Page 16
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