N.Z. Woolpack Recovery
The net profit of New Zealand Woolpack and Textiles, ' Ltd, Foxton, for the year to December 31, 1968, was $73,980, against $39,466 in 1967 and $61,066 in 1966. Depreciation took $60,215 ($66,621), tax $51,250 ($23,700). Steady 8 per cent dividend takes $40,001 and is covered 1.8 times. Capital is steady at $500,013 and shareholders' funds are $1,276,174 ($1,250,819).
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Bibliographic details
Press, Volume CIX, Issue 32018, 19 June 1969, Page 15
Word Count
61N.Z. Woolpack Recovery Press, Volume CIX, Issue 32018, 19 June 1969, Page 15
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Acknowledgements
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