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Auck. Transp. Profit Less

(N.Z. Press Association) AUCKLAND. May 2. Sharply increased tax, up $13,937 to s6o,s27—caused a reduction in profit by $4529. or 6.9 per cent, to $61,175 for Auckland Transport Holdings, Ltd, in the year to February 29. The dividend has been maintained at 7 per cent, payable May 31. Ox May 25. The latest profit represents an earning rate of 10.1 per cent on Ordinary capital, compared with 10.8 last year. In addition to the trading profit, there was a capital profit of $5658, against $17,680 last year, director* say in their preliminary report.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19680503.2.182.7

Bibliographic details

Press, Volume CVIII, Issue 31669, 3 May 1968, Page 15

Word Count
97

Auck. Transp. Profit Less Press, Volume CVIII, Issue 31669, 3 May 1968, Page 15

Auck. Transp. Profit Less Press, Volume CVIII, Issue 31669, 3 May 1968, Page 15

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