1:10 Bonus For Rothmans Aust.
Group net profit of Rothmans of Pall Mall (Australia), Ltd, for the six months to December 31 rose $416,795 —or 35.1 per cent—to $1,604,711. the directors said in an interim statement.
This was after providing 8380,135 more for tax at $1,463,569, and $18,777 more for depreciation at $785,658. The directors recommend an interim dividend of 8 per cent. The interim dividend was 7 per cent last year. Shareholders will be asked to approve the company’s first bonus issue: tax free, in the ratio of one for 10. The next annual meeting is in September.
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Bibliographic details
Press, Volume CIX, Issue 31907, 7 February 1969, Page 14
Word Count
991:10 Bonus For Rothmans Aust. Press, Volume CIX, Issue 31907, 7 February 1969, Page 14
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