A.P.M. PROFIT JUMPS
(N.Z. Press Assn.—Copyright) MELBOURNE, Jan. 22. Australian Paper Manufacturers, Ltd, has declared an unchanged interim dividend of 3} per cent, payable on April 30. The profit for the half-year was $5,337,083 compared with $3,886,303 in 1966, a rise of
$1,450,780, or 37.4 per cent. The amount required for the dividend is $2,250,500. Net sales totalled $46,918,295, a rise of $1,942,251. For A.P.M. and its subsidiaries net sales totalled $47,431,908, an increase of, $2,049,847 on the same period in 1966. Sales of paper and paperboard for the six months were 217,784 tons compared with 211,537 for the same period in 1966—an increase of 6247 tons or 3 per cent U.S. Exchanges (N.Z.P. A.-Reuter—Copyright) NEW YORK, Jan. 22. The New York Stock Exchange and the American Stock Evchange closed from 2 p.m. (local time) on Monday, until further notice, because of unprecedented heavy trading, the exchanges announced. DIVIDEND Canterbury Roller Flour Mills Company, Ltd, Ashburton Annual 8 p.c., payable after March 28. (Steady.)
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Bibliographic details
Press, Volume CVIII, Issue 31584, 23 January 1968, Page 15
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164A.P.M. PROFIT JUMPS Press, Volume CVIII, Issue 31584, 23 January 1968, Page 15
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