Motor Holdings Profit Rises
(N.Z. Press Association) AUCKLAND, June 16. The directors of Motor Holdings, Ltd, announce a 13.5 per cent increase in net profit to $404,833 for the year to March 31, subject to audit The 6.5 per cent final dividend recommended makes a steady 12.5 per cent for the year. The final is payable on August 26; ex dividend August 15, The dividend was reduced 'rom 17.5 per cent to 12.5 i Ter cent last year, when profit I ell by 40.1 per cent to I $356,654.
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Press, Volume CIX, Issue 32016, 17 June 1969, Page 19
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89Motor Holdings Profit Rises Press, Volume CIX, Issue 32016, 17 June 1969, Page 19
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