Good Year By N.Z. Express
The New Zealand Express Company, Ltd. Dunedin, increased its profit by §18,032, or 44.4 per cent, to §58,088 in the year to June 30. directors say in a preliminary report. This includes eight months trading by the N.Z. Express Company (Invercargill).
A 9 per cent ordinary dividend has been recommended, ex September 28, payable after October 4. Last year a 5 per cent Centennial bonus dividend was paid.
On last year’s ordinary dividend of 12) per cent, the latest dividend is equivalent to 13J per cent on capital before last year’s one-for-two bonus.
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Bibliographic details
Press, Volume CVIII, Issue 31775, 4 September 1968, Page 18
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98Good Year By N.Z. Express Press, Volume CVIII, Issue 31775, 4 September 1968, Page 18
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