HOLEPROOF IND.
705,559 Doi. Earned
(N.Z. Press Assn—Copyright) SYDNEY, June 1.
Holeproof Industries reported today the results for the financial year ended March 31, 1966, and the dividend announcement. Set out below are consolidated results for the financial year to March 31. During the course of the year the company acquired the whole of the issued capital of the Heathermoore and Brandella groups of companies. The consolidated results for the year included post acquisition earnings of Heathermoore and Brandella for the three months from January 1 to March 31.
Comparative figures ’shown are for the company’s last published financial results for the year to March 31, last year, and relate to the Holeproof division only. Details Details of the results are: Profit from operations 705,559 dollars (last year 759,038 dollars), after providing for tax 631,676 dollars (618,556) and depreciation 566,000 dollars (62,400). In addition to the above profit the company realised a surplus on the sale of fixed assets of 119,529 dollars (2690). The directors have declared a final dividend on ordinary shares of 8 per cent (making a total of 16 per cent for the year). AH of the ordinary, shares of the company are held by Prestige.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19660602.2.188.8
Bibliographic details
Press, Volume CVI, Issue 31075, 2 June 1966, Page 17
Word Count
199HOLEPROOF IND. Press, Volume CVI, Issue 31075, 2 June 1966, Page 17
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in