J. Duthie Profit Steady
The group net profit of John Duthie Holdings, Ltd, for the year to September 30 increased $165 to $46,213. It was reached after the provision of $19,683 ($17,672) for depreciation and $22,303 ($30,730) for tax. The steady dividend of 6i per cent takes $32,038 and is covered 1.4 times. The turn-over fell by 4} per cent during the year. The earning rate on the steady capital of $492,898 edges up to 9.4 per cent, and the rate on average shareholders’ funds is steady at 4.5 per cent. The directors forecast a less profitable year.
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Bibliographic details
Press, Volume CVII, Issue 31521, 8 November 1967, Page 29
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98J. Duthie Profit Steady Press, Volume CVII, Issue 31521, 8 November 1967, Page 29
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