Bowater-Scott Profit Up
. (N Z. Press Assn.—Copyright) SYDNEY, June 3. ' Bowater-Scott Australia 'Pty., lifted net profit from £160.601 (adjusted) to ; £225,831 in the year to Deci ember 31, accounts filed at ! the companies registration ! office reveal. i The company is jointly ; owned by the Bowater Corporation of Australia Pty., and the Scott Paper Company of Philadelphia. U.S.A. The 1963 profit was after providing £66.928 for tax, but no tax is payable for the latest year because of tax savings resulting from investment allowances. The latest profit was after depreciation. up from £81,526 to £122.094, and interest on fixed-tenn loans of £130.724 (£99.428 last year). Alliance.— Alliance Textiles. Oamaru woo Wen and worsted manufacturers has declared an interim dividend of 5.85 d, payable July 30. and ex dividend July 17.—(P.A.)
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Press, Volume CIV, Issue 30768, 4 June 1965, Page 17
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129Bowater-Scott Profit Up Press, Volume CIV, Issue 30768, 4 June 1965, Page 17
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