HALF-YEAR FOR FEA
Profits May Be Down (N.Z Press Association) WELLINGTON, Dec. 20. Operating profit of Fea Concrete Industries. Gorebased concrete products manufacturer, has been affected by a substantial increase in depreciation, and directors believe profits for the year to March 31 will not be as favourable as last year. Because of weather, sales of farmers’ pre-cast concrete products, particularly fence posts, declined in the halfyear to September 30, according to the interim report. Ready-mixed concrete from the Gore plant showed a substantial improvement and over-all turn-over tor this subsidiary was ahead of the comparable period for last year. Transit Mixed Concrete showed a modest decline on the comparable period of last year.
Unit Trusts
Buy Sell s. d. d 1st N.z: Unit .. 4 » 5 1 N.Z. Accum. .. « 1 « 5 N.Z. Accum. .. 5 11 6 3 N.Z. Income .. 4 » 5 1 1st Dom. ..4 8 5 0 2nd Dom. .. .. 5 » • 1 Mut Fund .. « 1 S 5 Inv. Unit .. S 1 5 7 Sec. First 8 » • 3
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19651221.2.228.6
Bibliographic details
Press, Volume CIV, Issue 30939, 21 December 1965, Page 29
Word Count
166HALF-YEAR FOR FEA Press, Volume CIV, Issue 30939, 21 December 1965, Page 29
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