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PROFIT LIFT BY C.S.I.

Latest Result £20,575

Directors of Credit Services Investment, hire purchase finance group, announced yesterday that tax-paid profit in the year to March 31 was £20,575. This compares with last year’s tax-paid profit of £19,502.

Latest profit is a new record and marks a further step in the company’s expansion, according to a statement from the company. Outstandings

Outstandings at balance date exceeded £650.000 and total assets were more than £850.000. Directors recommend final dividend of 7 per cent, making a steady 10 per cent for the year.

The company's reserve account has been increased to £lO.OOO. Plans for substantial development of the company’s business are going on at a satisfactory rate, directors say.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19650526.2.216

Bibliographic details

Press, Volume CIV, Issue 30760, 26 May 1965, Page 19

Word Count
117

PROFIT LIFT BY C.S.I. Press, Volume CIV, Issue 30760, 26 May 1965, Page 19

PROFIT LIFT BY C.S.I. Press, Volume CIV, Issue 30760, 26 May 1965, Page 19