HEALING’S DIVIDEND
No Forecast Made (N.Z. Press Assn.—Copyright) SYDNEY. Dm. 21. Neither director* nor the chairman of A. G. Healing. Ltd. make a predfctkxi on the current year’a dividend in separate reports accompanying the annual accounta for the year to June 30. Aa prevlouaiy reported dividend was cut from 12 per cent to 8 per cent although profit Increeaed from £538,786 to £544,397 after cutting taxation nrovMon from £235,001 to £210.015. Annual dividend had previxMiaiy been 12 per cent for two yean preceded by a 15 per cent rate for 13 yean. However, the chairman (Mr K. G. Healing) caya it ia expected that pressure of the company’s liquidity will progressively ease from March, next year. Announcing the dividend cut eartier this month, direcbon abated the move was necessary to conserve the funds. METALS (N.Z. Prert Assn.—Copyright* LONDON. December 20. Latest London Metal Exchange prices for spot supplies are as follows:
Buyers Sellers a ton a ton £ a. d. t a. d. Copper . 553 t 0 554 0 0 Tin . 13M • 0 1304 0 0 Lead . IOS 10 0 108 IS 0 Sine . Ill 0 0 111 0 0
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Bibliographic details
Press, Volume CIV, Issue 30940, 22 December 1965, Page 17
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189HEALING’S DIVIDEND Press, Volume CIV, Issue 30940, 22 December 1965, Page 17
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