PROFIT UP 25 p.c.
Trans. Nelson Holdings
(N.Z. Press Association) WELLINGTON, Dec. 22. Transport (Nelson) Holdings, Ltd., has boosted interim net profit by 25.3 per cent in the six months to September 30. The tax-paid profit, unaudited, for that period was £45,138 compared with £36,010 in the comparable period of 1964. Taxation provision for the half-year is £9308 up at £42,683 and expenditu. - rises by £26,366 to £477,451. Higher Revenue
However, total revenue for the period climbed by £44,802 to £565,272.
The unchanged 4{ per cent interim dividend requires a steady £20,959. Shareholders’ funds, after provision for the interim dividend, payable in March, stand at £801,929. The chairman, Mr J. Newman, said a continuation of the current favourable trading conditions seemed likely.
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https://paperspast.natlib.govt.nz/newspapers/CHP19651223.2.192.11
Bibliographic details
Press, Volume CIV, Issue 30941, 23 December 1965, Page 16
Word Count
122PROFIT UP 25 p.c. Press, Volume CIV, Issue 30941, 23 December 1965, Page 16
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