Leyland Has Profit Drop
(N Z Press Association) AUCKLAND, Nov. 19. Leyland Investments, Ltd, Auckland, is holding its dividend at 9 per cent, taking $21,600 after a slight decline, by $320 to $25,860 in net profit in the year to September 30 This was after tax of $5OO (down $100) and represents '5.7 per cent on average i funds and 10.8 per cent on capital, compared with 5.9 and 10.9 per cent last year Shareholders’ funds rose $420 to $453,397, including capital of $240,000. The market value of the portfolio increased from $508,814 to $625,492, lifting the asset backing from $l.lO to $1.30 a 50c share.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19681120.2.193
Bibliographic details
Press, Volume CVIII, Issue 31841, 20 November 1968, Page 23
Word Count
106Leyland Has Profit Drop Press, Volume CVIII, Issue 31841, 20 November 1968, Page 23
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.
Log in