Mosgiel Profit Edges Down
(N.Z. Press Association)
WELLINGTON, April'l9. . Mosgiel Woollens, Ltd., Dunedin, reports that sales for the six months to April 6 have exceeded those for the same period last year, resulting in an increase in gross profit. “Higher provisions for depreciation, plus increased charges for interest, have resulted in a small reduction in net profit. “The forward order position is sound, and the directors anticipate satisfactory results for the company’s year ending on October 6 next.”
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Bibliographic details
Press, Volume CVI, Issue 31349, 20 April 1967, Page 13
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78Mosgiel Profit Edges Down Press, Volume CVI, Issue 31349, 20 April 1967, Page 13
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