AL. CHEM. LOSS
£141,799 For Six Months (NJ. Press Assa.—Coppripbt) SYDNEY, December 17. Allied CheaHcei (Australia), Pty, Ud, incurred a group net lees of £141.798 for the six months ended June 30 last There was a lees of £330.103 tor ended December Directors say that operations for the currant halfyear are net expected to reflect a atanMcant change in results. The company h owned by the Allied Chemical Corporation, of New York. During the half-year it increased Ms paid capital to £750,000 by a par Issue of shares to the parent firm. The company is building a plant to produce fine denier nylon clothing yum at Penrith, which is expected to be in production in a year. Its heavy denier nylon plant began production in 1964. Nb dividend is declared or recommended.
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Bibliographic details
Press, Volume CIV, Issue 30937, 18 December 1965, Page 20
Word Count
132AL. CHEM. LOSS Press, Volume CIV, Issue 30937, 18 December 1965, Page 20
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