Marrickville Recovery
(N.Z. Press Assn. —Copyright) SYDNEY, Nov. 29. Marrickville Holdings, Ltd., which has been at the centre of the recent controversy over margarine quotas, achieved a 19.5 per cent increase in profit for the year to June 30. Group profit rose 196,531 dollars to 1,205,257 dollars. In the previous year profit had fallen by 217,528 dollars. The latest result gives an earning rate of 20.4 per cent on ordinary capital compared with 17.2 per cent for 196465. Dividend is held at 15 per cent for the year and includes a steady final of 7J per cent. Directors do not comment on the result in their preliminary report which is appreciably later this year than last.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19661130.2.208.8
Bibliographic details
Press, Volume CVI, Issue 31230, 30 November 1966, Page 21
Word Count
116Marrickville Recovery Press, Volume CVI, Issue 31230, 30 November 1966, Page 21
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.