I.C.I. Profits Decline
(N.Z.P.A.-Reuter—Copyright) LONDON, May 25. Imperial Chemical Industries, Britain’s largest industrial company, made bigger sales in the first quarter of this year but for less profit. Group sales at home and overseas rose £9m to £233m against £224m in the corresponding quarter of last year. But pre-tax income was £2m down at £23m. Group income however, after taxation and allowing for
investment grants, comes out £lm up at £lsm. The company said that after adjusting for the inclusion of new subsidiaries, home sales in the first quarter of 1967 were slightly lower in value, but higher in volume, than in the first quarter of 1966. But the value of exports at £42m was nine per cent higher.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19670529.2.196.5
Bibliographic details
Press, Volume CVII, Issue 31381, 29 May 1967, Page 17
Word Count
119I.C.I. Profits Decline Press, Volume CVII, Issue 31381, 29 May 1967, 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.