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DOMINION FINANCE

Six Months’ Profit Up

Tax-paid profit of Dominion Finance Holdings, Christ-church-based finance group, for the six months to July 31 was £15,959.

This is shown in an interim report released yesterday, but the result is still subject to audit.

Interim ordinary dividend is 4 per cent. Last year’s interim was 6 per cent and a final 6j per cent made 12 j per cent for the year. In the corresponding six months of last year tax- paid profit was £13,841. Dominion Finance changed its name from Cash Order Purchases in January this year.

In August last year the company made a one-for-five cash issue at 5s premium, but the new shares ranked for dividend only for the last three months of the year. Shares from a one-for-five bonus issue made in January qualify for dividend for the first time in the latest half year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19660830.2.205.9

Bibliographic details

Press, Volume CVI, Issue 31151, 30 August 1966, Page 21

Word Count
146

DOMINION FINANCE Press, Volume CVI, Issue 31151, 30 August 1966, Page 21

DOMINION FINANCE Press, Volume CVI, Issue 31151, 30 August 1966, Page 21